Enterprise annuity fund refers to the supplementary endowment insurance fund for enterprises, which consists of funds raised according to the enterprise annuity plan formulated according to law and the income from its investment and operation. The enterprise annuity fund consists of two parts: one part is the money paid by enterprises and employees according to the rules of enterprise annuity plan, that is, the principal of enterprise annuity fund. It should be emphasized that the capital contribution of enterprises and employees must be their legitimate income. The second is the investment and operation income of enterprise annuity fund. The shareholders of a limited liability company have no right of operation and disposal, and bear limited liability for debts; Shareholders of a joint stock limited company are limited to the shares of the company they hold. 9 1