Notice of the General Office of the People's Government of Gansu Province on Printing and Distributing the Measures for Provincial Overall Planning of Pension Insurance for Employees of State-owned Enterprises in Gansu Province Chapter I General Provisions Article 1 These Measures are formulated in accordance with the Decision of the State Council on the Reform of the Pension Insurance System for Enterprise Employees (Guo Fa [1991] No.33) in order to co-ordinate the retirement expenses of employees of provincial state-owned enterprises, further promote the socialization of endowment insurance for enterprise employees in our province and ensure the basic livelihood of retired employees. Article 2 The overall provincial planning should correctly handle the relationship between national interests, collective interests and individual interests, current interests and long-term interests, and overall interests and local interests. The retirement expenses of employees shall be reasonably borne by the state, enterprises and individual employees. Article 3 Provincial overall planning shall implement unified project overall planning, unified overall planning ratio, unified accounting system and unified fund transfer and use policy throughout the province. Fourth provincial co-ordination work under the leadership of the provincial people's government, under the guidance of the provincial pension fund committee, the social insurance institutions affiliated to the labor department shall handle specific business. Fifth central enterprises and provincial enterprises in Lanzhou are directly coordinated by the Provincial Social Labor Insurance Bureau. Chapter II Overall Planning Scope, Objects and Projects of the Employee Pension Insurance Fund Article 6 The overall planning scope includes: local state-owned enterprises within the administrative region of this province, enterprises of the central government in Gansu (except railway, post and telecommunications and electric power system enterprises approved by the State Council), and institutions that implement enterprise management. Article 7 The co-ordination targets are fixed employees, employees with labor contracts, collective employees with mixed positions, and long-term temporary workers who took part in the work before1971130. According to the Interim Measures for Retirement and Resignation of Workers of the State Council (Guo Fa [1978]), Article 8 Overall planning projects mainly include: retirement expenses, monthly retirement living expenses, various living allowances and price subsidies that should be paid according to the unified regulations of the state and the province. Retirees' resettlement subsidies, travel expenses, medical expenses, funeral subsidies, one-time pension expenses and subsidies for supporting immediate family members' living difficulties during their lifetime are not coordinated at the provincial level, but are still paid by the original units. Chapter III Raising and Payment of Pension Insurance Fund for Employees Article 9 The fixed pension insurance fund for employees shall be raised according to the principle of "fixed income by expenditure, slight balance and partial accumulation". The accumulation rate is 3% of the total wages of fixed employees in enterprises.

The proportion of collection as a whole at the provincial level shall be determined according to the proportion of the total expenses of retired (post) personnel to the total wages of fixed employees (according to the statistical caliber), plus the accumulation fund, management fee and service fee of retired (post) personnel, which shall be approved once a year by the Provincial Social Labor Insurance Bureau and implemented with the consent of the Provincial Endowment Insurance Fund Committee. Provincial overall planning from the current month to the end of June, 1994, temporarily implementing the previous collection ratio. From July of 1994, it will be adjusted according to the average collection ratio of the whole province last year. If it is higher than the average collection ratio of the whole province last year, it will be appropriately lowered; If it is lower than the average collection ratio of the whole province last year, it will be appropriately increased. Article 10 Before the endowment insurance fund for employees under the labor contract system is uniformly collected from the endowment insurance fund for fixed employees, according to the State Council's Notice on Issuing the Four Provisions on Reforming the Labor System (Guo Fa [1986] No.77), the provincial government's Notice on Printing and Distributing the Implementation Measures for the Four Interim Provisions on Reforming the Labor System in the State Council (Gan [1986]) Eleventh basic old-age insurance premiums paid by individual employees at 2% of the total monthly salary shall be included in the overall fund and used uniformly. Enterprises should record in the Employee Pension Insurance Manual and personal cards, which will be used as the basis for calculating retirement pension when implementing new retirement measures. Twelfth employees in the factory during retirement, enterprises and individuals should pay the basic old-age insurance. Article 13 Starting from 1994, the local (state, city) social labor insurance bureaus will hand over 60% of the balance of the contract employee pension insurance fund (including the rollover fund) and 40% of the balance of the fixed employee pension insurance fund (including the rollover fund) to the provincial social labor insurance bureau in full within the last 15 day of each quarter. At the same time, all localities should also pay the accumulated balance of the endowment insurance fund (including the accumulated fund) before the end of 1994 according to the above proportion. The relevant banks shall timely remit the funds from all over the country to the "special fund account" of the Provincial Social Labor Insurance Bureau, and shall not intercept them for any reason. The remaining part of the balance fund is managed by all localities (prefectures and cities) and uniformly adjusted and used by the Provincial Social Labor Insurance Bureau. Article 14 The endowment insurance fund shall be entrusted by the social insurance institution to the bank for safekeeping, which shall be regarded as withholding the wages of employees every month. All units must pay on time and shall not refuse to pay. Overdue arrears, a daily surcharge of 2% late fees, late fees into the endowment insurance fund. The deferment fee is paid from the enterprise's own funds. If an enterprise practices fraud, underpays, fails to pay or refuses to pay the endowment insurance premium, the social insurance institution shall order it to pay it back in writing. If it fails to pay within the time limit, the social insurance institution may apply to the local people's court for compulsory execution. Fifteenth retired (post) personnel retirement (post) expenses, by the social insurance institutions according to the overall project and standard, approved by the month, take full collection and full disbursement of settlement, monthly direct payment or entrust the bank to pay, temporary difficulties by the enterprise.