Enterprise annuities are handled in the labor and social security departments. Enterprise annuity is a supplementary old-age insurance system, which refers to the supplementary old-age insurance system independently established by enterprises and their employees on the basis of participating in the basic old-age insurance according to law. Enterprise annuity is an important supplement to the national basic old-age insurance, and it is the "second pillar" to improve the old-age insurance system for urban workers in China (consisting of basic old-age insurance, enterprise annuity and personal savings old-age insurance). In countries with modern social insurance system, enterprise annuity has become a common supplementary pension plan for enterprises, also known as "enterprise annuity plan" or "occupational annuity plan", and has become an important part of the old-age insurance system in the host country. legal ground

Interim Measures for Qualification Determination of Enterprise Annuity Fund Management Institutions Article 3 Institutions engaged in enterprise annuity fund management business must obtain corresponding enterprise annuity fund management qualifications in accordance with the procedures prescribed in these Measures.

The Ministry of Labor and Social Security is responsible for the qualification identification of enterprise annuity fund management institutions.