养老保险基金的市场化运作养老保险基金的保值增值问题一直是困扰我国社会保障体系的一个重要问题,一方面国有企业、国家支柱产业需要大量的资金投入,另一方面养老保险基金闲置,造成一定的资金浪费。做好养老保险基金保值增值工作,已经不是什么新课题,但总是没有什么突破性的进展,其核心是在于一旦基金有了运作,在可能带来高回报的同时,也带来了高风险。要做到养老保险基金有效运作,需要做好以下几个方面工作:一是要有发育完善的金融市场。我国的金融市场并不完善,突出表现在,一方面高风险的证券市场极不规范,人为操纵因素影响、信息披露不完善,使证券投资存在着较大风险;另一方面,一些稳定的金融投资品种没有引入,致使金融投资的范围窄小,品种较少。在当前的情况下,要培育一些较稳定证券投资品种,用于养老保险基金的运作。养老保险基金 Marketization of Endowment Insurance Funds The issue of increasing the value of endowment insurance funds has always been an important issue disturbing China’s social security system. On the one hand, state-owned enterprises and the state’s pillar industries require large amounts of capital investment; on the other hand, endowment insurance funds are idle, resulting in certain The waste of funds. To do a good job in preserving and increasing the value of the pension insurance fund is no longer a new issue, but there has always been no breakthrough. The core of the fund is that once the fund is in operation, it may bring high returns while bringing about high risks . To achieve the effective operation of the pension fund, we need to do a good job in the following aspects: First, we must have a well-developed financial market. China’s financial market is not perfect, highlighting the fact that on the one hand, the high-risk securities market is extremely non-standard and man-made factors affect the imperfect disclosure of information, posing a greater risk to the securities investment. On the other hand, some stable financial Investment varieties did not introduce, resulting in a narrow range of financial investment, fewer varieties. Under the current circumstances, we should foster some more stable securities investment products for the operation of pension funds. Endowment insurance fund