Chapter II Industrial Injury Insurance Fund
Article 7 The work-related injury insurance fund consists of the work-related injury insurance premium paid by the employer, the interest of the work-related injury insurance fund and other funds incorporated into the work-related injury insurance fund according to law.
Article 8 The rate of work-related injury insurance shall be determined according to the principle of fixed income by expenditure and balance of payments.
According to the degree of industrial injury risk in different industries, the state determines the differential rates in different industries, and determines a number of rate grades in each industry according to the use of industrial injury insurance premiums and the incidence of industrial injuries. Industry differential rates and intra-industry rates shall be formulated by the administrative department of social insurance of the State Council, and promulgated and implemented after being approved by the State Council.
According to the use of work-related injury insurance premiums and the occurrence of work-related injuries by employers, agencies in various regions shall determine the unit payment rate according to the corresponding rate grades of their respective industries.
Article 9 The administrative department of social insurance in the State Council shall regularly know about the income and expenditure of industrial injury insurance funds in various regions of the country, and put forward a plan to adjust the industry differential rates and intra-industry rates in time, which shall be promulgated and implemented after being approved by the State Council.
Article 10 The employing unit shall pay the work-related injury insurance premium on time. Individual employees do not pay work-related injury insurance premiums.
The amount of work-related injury insurance premium paid by the employer is the product of the total wages of employees multiplied by the unit payment rate.
For industries that have difficulties in paying work-related injury insurance premiums according to the total wages, the specific payment methods of work-related injury insurance premiums shall be stipulated by the administrative department of social insurance of the State Council.
Eleventh industrial injury insurance fund gradually implemented at the provincial level as a whole.
Cross-regional industries with large production mobility can participate in industrial injury insurance in different places in a relatively centralized way. The specific measures shall be formulated by the administrative department of social insurance of the State Council in conjunction with the relevant departments in charge of industry.
Article 12 Work-related injury insurance funds shall be deposited in the financial special account of social security funds to pay for work-related injury insurance benefits, labor ability appraisal, publicity and training on work-related injury prevention and other work-related injury insurance fees as stipulated by laws and regulations.
Specific measures for the proportion, use and management of work-related injury prevention expenses shall be formulated by the administrative department of social insurance of the State Council in conjunction with the departments of finance, health administration and safety production supervision and management of the State Council.
No unit or individual may use the industrial injury insurance fund for investment, operation, construction or decoration of office space, bonus payment or other purposes.
Thirteenth industrial injury insurance fund should keep a certain proportion of reserves for the overall payment of industrial injury insurance benefits for major accidents in the region; If the reserve fund is insufficient to pay, it shall be paid in advance by the people's government of the overall planning area. The specific proportion of the reserve fund to the total fund and the measures for the use of the reserve fund shall be formulated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.