The main body of social insurance fund management is the social insurance agency. Labor bureaus and social security bureaus in different regions are specifically responsible for different social insurances, but the main institutions for managing social insurance funds are still social insurance agencies. Social insurance fund is an insurance business for social workers to enjoy allowances after losing their ability to work. All employers and workers must pay social insurance according to law.

the difference between the national social security fund and the social insurance fund

1. Different sources of funds: the national social security fund mainly comes from funds raised by the state. Social insurance funds shall be turned over by employers and individuals;

2. Different purposes: The national social security fund is mainly used for social security when the population is aging. Social insurance funds are mainly used for personal pension, work injury, unemployment, medical care and a series of purposes;

3. Different management methods: The National Social Security Fund is managed by the National Social Security Fund, which is generally used to invest in stock assets and can be invested abroad. Social insurance funds are managed by different social insurance institutions.