In order to ensure the safe and effective use of the endowment insurance fund, it is necessary to strengthen the management of the fund. Then, what is the specific content of the Regulations on the Management of Pension Insurance Funds for Enterprise Employees? What is the source of the fund? How does the fund pay? How to calculate the late payment fee if the unit fails to pay the basic old-age insurance premium within the time limit? What should units and individuals do if they misappropriate endowment insurance funds? Provisions on the Management of Endowment Insurance Fund for Enterprise Employees Article 1 In order to strengthen the management of endowment insurance fund for enterprise employees (hereinafter referred to as the fund) and ensure the safe and effective use of the fund, these Provisions are formulated according to the provisions of Article 10 of the State Council's Decision on the Reform of Endowment Insurance System for Enterprise Employees that "social insurance management institutions shall establish and improve various fund management systems according to national policies and regulations". Article 2 The Ministry of Labor shall be responsible for formulating various systems and policies for the management of the endowment insurance fund for employees of enterprises and workers under the labor contract system in government agencies and institutions, and shall supervise and inspect the fund management throughout the country. The local labor administrative departments at all levels shall be responsible for formulating the measures for the implementation of the fund management system in their respective regions, and supervising and inspecting the fund management in their respective regions. Article 3 The social insurance management institution of the Ministry of Labor shall be responsible for the national fund management and guide the fund management of local social insurance management institutions at all levels. Local social insurance management institutions at all levels are responsible for the management of funds in their respective regions. The State Council approved the implementation of the overall system of social insurance management institutions responsible for the fund management of the department and the state-owned enterprises directly under the head office. Fourth social insurance management institutions at all levels must manage the endowment insurance fund for enterprise employees in accordance with these Provisions. Chapter ii fund raising article 5 sources of funds (1) basic endowment insurance premiums paid by units and employees; (two) the supplementary pension insurance premium paid by the unit for the employees; (3) Personal savings endowment insurance premiums paid by employees voluntarily; (four) according to the provisions of late fees; (5) Interest on fund deposits; (six) the value-added income of the fund; (7) Financial subsidies; (eight) the income transferred from the labor contract system employee fund; (9) Other income. Article 6 The basic old-age insurance fund shall be gradually raised by all employees of the enterprise according to the actual needs of paying the old-age insurance premium and the affordability of the enterprise and its employees, and in accordance with the principle of fixed income by expenditure, slight balance and partial accumulation. The fund should accumulate a part, the accumulation ratio is 3% of the total wages, and then it will be gradually adjusted with the economic development.