In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. Social insurance funds shall be earmarked for special purposes, and no organization or individual may occupy or misappropriate them in any form.
The sources of social insurance funds in China can be roughly divided into four aspects:
(a) the insurance premium paid by the insured according to a certain proportion of his wage income (if the wage income cannot be determined, it shall be calculated according to the average wage of the employees);
(two) the insurance premium paid by the insured unit according to a certain proportion of the total wages of its employees;
(three) the government's financial subsidies to the social insurance fund;
(4) Bank interest or investment returns from social insurance funds and social donations, etc.
Legal basis: People's Republic of China (PRC) Social Insurance Law.
Article 90 Where a social insurance premium collection agency arbitrarily changes the base and rate of social insurance premium payment, resulting in underpayment or overpayment of social insurance premium, the relevant administrative department shall order it to recover the social insurance premium that should be paid or refund the social insurance premium that should not be paid; The directly responsible person in charge and other directly responsible personnel shall be punished according to law.
Article 91 Whoever, in violation of the provisions of this Law, conceals, transfers, embezzles, misappropriates social insurance funds or illegally invests and operates them shall be ordered by the administrative department of social insurance, the financial department and the auditing organ to recover them; Illegal income, confiscate the illegal income; The directly responsible person in charge and other directly responsible personnel shall be punished according to law.
Article 92 If the social insurance administrative department and other relevant administrative departments, social insurance agencies, social insurance premium collection agencies and their staff disclose the information of employers and individuals, the directly responsible person in charge and other directly responsible personnel shall be punished according to law; If losses are caused to the employing unit or individual, it shall be liable for compensation.
Article 93 Any state functionary who abuses his power, neglects his duty or engages in malpractices for personal gain in the management and supervision of social insurance shall be punished according to law.