Social Insurance Fund Financial System (Suitable For The Whole Country)

general provisions

Article 1 in order to regulate the financial behavior of social insurance agencies in handling social insurance funds, strengthen the management of social insurance funds and safeguard the legitimate rights and interests of insurance objects, the system is formulated in accordance with the relevant laws and regulations of the state on social insurance.

The second system is applicable to the social insurance fund operated by the social insurance agency in People's Republic of China (hereinafter referred to as the "agency"), which is the basic pension insurance fund for enterprise employees (hereinafter referred to as the "basic endowment insurance fund") and the basic medical insurance fund for urban employees (hereinafter referred to as the "basic medical insurance fund").

The third social insurance fund referred to in this system (hereinafter referred to as the "fund") refers to the special funds that are paid by the paying unit and the paying individual by a certain percentage of the payment base and by other lawful means, in order to protect the social insurance benefits of the insured, according to the laws and regulations of the state.

The fourth fund's financial management tasks are: conscientiously carrying out relevant state laws, regulations and principles, policies, collecting and using funds in accordance with the law, establishing and improving the financial management system, strive to do well in the plan, control, accounting, analysis and assessment of funds, and truthfully reflect the fund's income and expenditure status; strictly observe financial discipline, strengthen supervision and inspection, and ensure the safety of the fund.

Fifth, in order to ensure the collection and payment of funds in time and in full, the tax authorities and agencies have the right to require the payment units according to the requirements of the work to provide the original data and data related to social insurance, such as employment status, payroll and financial statements.

The sixth funds are included in the separate financial accounts of the social security fund (hereinafter referred to as the "financial accounts"), and the two line management of revenue and expenditure is earmarked for special purposes. No region, Department, unit or individual may occupy or divert it, nor can it be used to balance the budget.

The seventh funds shall be managed in accordance with the requirements of the state, and the accounts shall be set up separately according to the categories of insurance.

The second chapter is fund budget.

The compilation of the ninth fund budgets.

The approval of the tenth fund budgets.

The implementation of the eleventh fund budget.

The departments of Finance and labor and social security should collect and report the implementation of budgets and strengthen the monitoring of funds.

The adjustment of the twelfth fund budgets.

The third chapter is fund raising.

The income of the fourteenth funds includes: social insurance income, interest income, financial subsidy income, pfer income, higher level subsidy income, lower level income and other income.

Social insurance income refers to the basic old-age insurance premiums, unemployment insurance premiums and basic medical insurance premiums paid by the payment unit and the paying individual according to a certain proportion of the payment base.

Interest income refers to the interest income earned from the purchase of State bonds or deposits in banks by social insurance funds.

The financial subsidy income refers to the subsidy from the same level finance to the fund.

Transfer income refers to the fund income that the insured object flows across the whole area.

The higher level subsidy income refers to the subsidy income allocated by the lower level agencies to the higher level agencies.

The income of the lower level refers to the fund income of the higher level agencies receiving the solution from the lower level agencies.

Other income refers to late fees and other revenue approved by the financial sector.

The above fund income items form basic pension insurance fund, unemployment insurance fund and basic medical insurance fund respectively according to the regulations.

The income of the fifteenth basic medical insurance funds shall be included in the basic medical insurance co ordinating fund and the medical insurance personal account fund respectively.

The income of the basic medical insurance co ordinating fund includes the basic medical insurance premium paid by the payment unit as stipulated in the overall account, the interest income from the overall account fund, the financial subsidy income, the higher level subsidy income, the lower class income and other income.

The income of medical insurance personal account fund includes the basic medical insurance premium paid by the payment unit as stipulated in the personal account, the basic medical insurance premium paid by the individual, the interest income from personal accounts, and the pfer income.

Sixteenth, where the social insurance premium is imposed by the agencies, the agencies can set up social insurance fund income households (hereinafter referred to as "income households") in accordance with the needs of the work of the state-owned commercial banks jointly established by the financial and labor security departments at the same level.

The main purpose of the income households is to temporarily deposit the social insurance premium collected by the agencies, and to temporarily allocate the fund income from the lower level agencies or the higher level agencies, temporarily deposit the interest income and other income of the account.

The seventeenth tax authorities or agencies should pay regular funds to the collected funds.

The fourth chapter is fund payment.

The expenditure of the nineteenth funds includes: social insurance treatment expenditure, pfer expenditure, subsidized subordinate expenditure, higher level expenditure and other expenditure.

Social insurance treatment expenditure refers to the basic old-age insurance payment, unemployment insurance treatment expenditure and basic medical insurance treatment expenses paid to social insurance objects according to regulations.

Transfer expenditure refers to the expenditure of the social insurance object pferred out of the coordinated regional flow.

Subsidized subordinate expenditure refers to the subsidy payments allocated by the higher level agencies to the lower level agencies.

The upper level expenditure refers to the expenditure of the lower level agencies to solve the higher management agencies.

Other expenditures refer to other non social insurance benefits that are approved by the financial sector.

The above fund expenditure projects are respectively composed of basic old-age insurance fund expenditure, unemployment insurance fund expenditure and basic medical insurance fund expenditure according to the regulations.

The twentieth basic medical insurance funds are subsidized subordinates, upper and higher expenditures and other expenditures in the overall account.

The twenty-first basic old-age insurance benefits include basic pension, Medicaid, funeral allowance.

(1) basic pensions include basic pensions, personal account pensions, pitional pensions and payment to the decision of the State Council on the establishment of a unified pension insurance system for employees of enterprises (Guo Fa [1997] 26, hereinafter referred to as the "decision").

The basic old-age pension refers to the basic pension for retirees who are paid according to the unified basic pension insurance system after the implementation of the decision according to 20% of the monthly average wages of the workers in each province, autonomous region, municipality directly under the central government or municipality (municipality).

The personal account pension refers to the basic pension for the retirees who are paid according to the personal account savings of the paying individual divided by 120 to the basic old-age insurance system of the unified staff and workers, and the amount of individual accounts paid to the individual.

Transitional pension refers to the basic old-age pension, which is paid in accordance with the regulations to the basic old-age insurance system in accordance with the unified enterprise employees, and the retirees who work before the implementation of the decision and retire after implementation.

The severance payment, retirement pension, retirement allowance and subsidy refer to the living expenses and various living subsidies, price subsidies and so on, which are paid to the retired, retired and retired personnel before the implementation of the decision.

(two) Medicaid refers to the medical expenses paid to retired, retired or retired persons who have not been covered by the medical insurance area.

(three) funeral and pensions allowance refers to the expenses for the death, burial and funeral of retired, retired or retired personnel who have been included in the expenditure of the basic old-age insurance fund, and the expenses for the pension and subsistence allowance of their immediate family members.

The twenty-second items of unemployment insurance payment include unemployment insurance, Medicaid, funeral and pensions, vocational training and employment subsidies, basic living allowance and other expenses for laid-off workers of state-owned enterprises.

Unemployment insurance refers to the unemployment of the unemployed.