我国的养老保险基金包括三部分:一是城镇职工基本养老保险基金和城乡居民社会养老保险基金,二是全国社会保障基金,三是企业年金基金。全国社保基金和企业年金基金的投资运营早已放开,并带来了足以抵抗通货膨胀的收益率。以全国社保基金为例,自2001年成立以来,全国社保基金年均投资收益率达到8.3%,高于 China’s pension insurance fund consists of three parts: one is the basic old-age insurance fund for urban workers and urban and rural residents social pension insurance fund, the second is the national social security fund and the third is the enterprise annuity fund. The investment and operation of the National Social Security Fund and the Enterprise Annuity Fund have long been liberalized and have brought yields that are sufficient to resist inflation. Take the National Social Security Fund as an example. Since its establishment in 2001, the average annual investment rate of return of the National Social Security Fund has reached 8.3%, higher than