To publicize the laws, regulations, rules and policies on the supervision of social insurance funds. Other matters stipulated by laws and regulations. The administrative department of human resources and social security shall supervise the following matters of social insurance agencies. The implementation of social insurance fund revenue and expenditure, management and other relevant laws, regulations, rules and policies.
Budget implementation and final accounts of social insurance funds, and the opening, use and management of bank accounts such as income households and expenditure households of social insurance funds. Review social insurance benefits and fund payments, and conclude, modify, perform, dissolve or terminate social insurance service agreements. Internal control of revenue and expenditure and management of social insurance fund. Other matters stipulated by laws and regulations.
laws and regulations
In order to ensure the safety of social insurance funds, standardize and strengthen the administrative supervision of social insurance funds, these measures are formulated in accordance with the Insurance Law and relevant laws and regulations. The administrative supervision of social insurance funds refers to the supervision of the administrative department of human resources and social security on the income and expenditure and management of social insurance funds such as basic endowment insurance funds, work injury insurance funds and unemployment insurance funds managed by human resources and social security departments.
The administrative supervision of social insurance funds should follow the principles of legality, objectivity, fairness and efficiency. Ministry of Human Resources and Social Security is responsible for the administrative supervision of the national social insurance fund, and the local human resources and social security departments at or above the county level are responsible for the administrative supervision of the social insurance fund within their respective administrative areas.