Amir Faridniya, Mahdi Faridnia

Abstract

The manner of allocating resources and choosing the type of investment, considering the nature of activities of social security organization, which has a huge responsibility and should be accountable against the people and pension savings of retirees, is very important because the main task of the organization is the proper financing of the funds of the people. The methodology of this research has been functionally and descriptively described based on the results and objectives. The library and field methods are used to collect the required information and the data analysis and selection of the investment portfolio were carried out using the GAMS software. The data of this research are extracted from social security financial statements from 2004 to 2013. The purpose of this research is to provide a model for choosing the right combination of investments in accordance with the obligations of the social security organization. considering the inclusion of data related to the organization and the data analysis, as well as determination of the insurance rate on the output of the model, which represents the insurance rate for the studied years, suggests that, given the insurance rates received, the organization is bankrupt, and with this process the amount of this bankruptcy is increasing. In this study, considering the status of the organization, by studying the results of the actuarial report and short and long-term sources, as well as the limits of assets and outputs to exit the bankruptcy crisis, a portfolio of investments was identified using the proposed model.