The basic old-age insurance fund for urban and rural residents shall be included in the financial special account of social security fund, and two lines of revenue and expenditure shall be managed, with separate bookkeeping and independent accounting. No region, department, unit or individual may misappropriate, falsely report or impersonate. The basic old-age insurance fund for urban and rural residents operates and invests in accordance with the unified provisions of the state to maintain and increase its value. The human resources and social security department shall perform its supervisory duties, establish and improve the internal control system and the fund audit supervision system, supervise and inspect the fund raising, transfer, distribution, storage and management, disclose information according to regulations, and accept social supervision.