Reborn 80s

Rebirth in the 1980s Chapter 263: All People Enjoy the Dividends of Development

Pension fund companies bear the important responsibility of providing for the elderly of the Chinese people, and it cannot be said that there are any problems.

"Dear leaders, I would like to report to you here on the future development positioning of pension fund companies."

When Chen Huaiqing said this, he looked at Yang Weiguo and Zhou Yuping.

Yang Weiguo and Zhou Yuping exchanged glances and said with a smile: "Okay, we also want to hear what you think about the pension fund company."

The pension system was established in the past.

But it was quickly canceled.

Elderly care issues are directly borne by enterprises and units themselves.

This has also placed a considerable burden on state-owned enterprises. The longer the history and the larger the enterprise, the heavier the burden.

Because there are many retirees!

There may be 20,000 people working, but there must be 30,000 to 40,000 people receiving money from the factory.

The extra people are retired workers in the factory.

When a company's profits are good, it can naturally persist, but it can barely maintain it.

But once the business performance is not good...

Then it's over immediately.

If a company wants to transform or save itself, there is no way.

The burden was too heavy, pressing directly on the body, making it difficult to turn.

In addition, there are management issues, workers' enthusiasm for production, production efficiency issues, and production cost issues.

At this time, the production costs of state-owned enterprises are quite high.

As we all know, the quality of products produced by state-owned enterprises is absolutely good. However, production waste is also quite high.

If the waste is serious, it will naturally be reflected in the cost.

During the planning period, there was no big problem. Anyway, it was an investment regardless of cost, and all that was needed was to produce products.

But in the era of market economy, companies that cannot control production costs have no way to survive in the market.

Therefore, in the future, it is normal for some companies to go bankrupt, and rebirth is purely an accident!

Enterprise reform has become an imperative, and there is nothing to say about it.

In the past, relying on mental stimulation, everyone was able to achieve a certain level of labor efficiency.

But just relying on chicken blood won't last long.

People will get tired!

What is reflected is that workers’ labor enthusiasm is not high and labor productivity is low.

Spiritual incentives and material rewards must come together!

Yuzhou has carried out a comprehensive enterprise reform, and the appearance of all enterprises after the reform is really different all of a sudden.

The rapid economic development of Yuzhou is a perfect reflection.

Therefore, the province is now eager to promote its experience.

Properly solving the issue of employee pensions is a top priority.

"There are three most important social benefits, medical security, pensions and education. As long as there are these three most important benefits, it can be called a welfare state."

"I won't talk much about medical security and education. I will focus on pension funds."

"I expect a pension fund company to obtain an excess rate of return through investment to support the normal operation of the entire pension system."

"In terms of investment, I mainly choose projects that are low-risk and can obtain long-term stable returns. For example, the hydropower station I mentioned earlier. The initial investment in a hydropower station is indeed very large, but once it is completed, in addition to the usual maintenance costs,

In addition, everything else is earned. The construction cost can be recovered in a few years or even more than ten years, and then the income can be obtained in the next few decades, which is very suitable for pension fund companies."

After hearing what Chen Huaiqing said, everyone couldn't help but nodded.

If so, it makes sense.

The most important point is that the province also wants to develop the rich hydropower resources in Sichuan, but it lacks funds!

"In addition to such long-term projects, pension fund companies also invest in some projects that can generate profits in the short term. For example, they invest in some companies with strong development prospects. They promote the rapid development of such companies and increase the company's market valuation.

, and then let it be listed on the securities market. Pension fund companies can obtain high returns from it, usually several times or even ten times."

Chen Huaiqing: "Of course, some companies develop very well, and the returns may be hundreds of times. This will test your investment vision."

"Why do pension fund companies want to make these investments? Even low-risk investments are risky."

Why else would you want to make money?

Everyone looked at Chen Huaiqing. What did he mean by this?

"This is mainly judged in a general direction. Since the industrialization of mankind, currency devaluation has been the norm. One hundred US dollars ten years ago and 100 US dollars now are definitely not the same concept. 100 yuan and 100 US dollars ten years ago are definitely not the same concept.

Today’s 100 yuan is also different in value.”

"Nowadays, everyone pays more than ten or twenty yuan into their pension account every month. When everyone retires, that is, thirty or forty years later, will the money still be valuable at that time? The pension fund company will have to pay it every month.

You have to pay hundreds, thousands or even thousands of dollars in pension."

"If you just put money in the bank, there will be only one result. The money in the pension fund account will depreciate. In the end, there will be not enough money to pay the pension."

"Therefore, pension fund companies must invest the money accumulated in their accounts to maintain and increase value."

Chen Huaiqing: “Through a series of investment behaviors of pension fund companies, everyone can also enjoy the dividends of social and economic development.”

Yang Weiguo picked up the tea cup and took a sip. Someone in the province suggested that the pension fund company be directly managed and operated by the province.

Now it seems that no one will dare to mention this in the future.

Who dares to vouch for the preservation and appreciation of the value of pension funds?

If something goes wrong, it's a big problem.

Who will be responsible?

Who can bear this responsibility?

Now the pension fund company is only responsible for Yuzhou, and other places in Sichuan have not yet been included in the scope.

Some companies have been included, but more companies have a large number of retired people. How to deal with this group of people?

Moreover, if this group of people is not addressed, there will be no way to carry out subsequent joint-stock reform.

Zhou Yuping: "Next, the province is preparing to implement enterprise reform throughout Sichuan. Enterprise reform and employee pension issues must be resolved first."

Enterprise reform is inevitable, and how it should be reformed is undoubtedly a key point.

And Yuzhou undoubtedly provides a good example.

First, the pension and medical issues of employees have been solved. As for children's education, schools are not closed. They are just under the management of the Education Bureau. They are no longer allocated by enterprises, but are supported by finance.

After doing this, the company will spend a large amount of money.

This capital is made up by employee stock ownership.

After being transformed into a joint-stock enterprise, the business vitality of the enterprise has increased significantly, and the enthusiasm for production has greatly increased!

When a company makes money, it means making money for itself. It’s strange that the enthusiasm is not high.