Article 5 of the Regulations on Unemployment Insurance stipulates that the unemployment insurance fund consists of the following items: unemployment insurance premiums paid by urban enterprises and institutions and employees of urban enterprises and institutions; Interest on the unemployment insurance fund; Financial subsidies; Other funds incorporated into the unemployment insurance fund according to law.
Article 11 stipulates that the unemployment insurance fund shall be earmarked for special purposes and shall not be used for other purposes, so the unemployment insurance fund shall not be invested and operated, so the source of the fund does not include the income from investment and operation.
In order to ensure the basic livelihood of the unemployed and promote their re-employment, the Unemployment Insurance Regulations are formulated in accordance with the Labor Law of People's Republic of China (PRC) and other relevant laws. It should be noted that the specific implementation details and standards of the unemployment insurance system may vary from country to country, region and time.
Legal basis:
People's Republic of China (PRC) Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity.
Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.
Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.
Forty-fourth employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations.
Baidu Encyclopedia-People's Republic of China (PRC) Social Insurance Law