Legal basis: Article 7 of the Measures for the Administration of Social Assistance Funds for Road Traffic Accidents. Before March 1 every year, the Ministry of Finance and China Insurance Regulatory Commission (hereinafter referred to as CIRC) will determine the proportion of the rescue fund extracted from the premium income of the current year according to the income and expenditure of the rescue fund in the previous year and the principle of balance of income and expenditure. The people's government at the provincial level shall determine the specific extraction ratio of the local area within the range of magnitude.