There may be many people who don't know much about the concept of residual insurance money, but as financial personnel of enterprises, they must know and understand it, because it is an important responsibility of enterprises as social members. So what is the meaning of residual insurance money?

definition of residual insurance fund

residual insurance fund is the employment security fund for the disabled, and it is the fund paid by the organs, organizations, enterprises and institutions and private non-enterprise units that fail to arrange employment for the disabled in accordance with the regulations to protect the rights and interests of the disabled.

Calculation method of residual insurance fund

1. Proportionally, the number of people with disabilities should be arranged for employment = the number of employees in the employer in the previous year ×1.5%.

2. Payable amount = (the number of people with disabilities who should be arranged in proportion-the number of people with disabilities actually arranged by the employer last year) × the average annual salary of employees in the employer last year.

3. Actual payable amount = payable amount-reduced amount.

declaration method of residual insurance money

1. Online declaration

The employer logs in to the "local online service hall" for annual declaration. Click "Open Government Affairs" → Click "Provincial Disabled Persons' Federation" → Click "E-government System for Annual Employment Examination of Disabled Persons in Proportion" → "Online Bid". The application for payment shall be handled by the employer logging in to the Local Electronic Taxation Bureau.

2. On-site declaration

The employing unit shall report the number of disabled persons employed by the unit in the previous year to the employment service agency for the disabled in the town (street) where it is located. Declaration and payment shall be declared and paid by the employing unit to the local tax authorities.

3. Application information and submission materials

The employer needs to fill in or submit the Application Form for Proportional Employment of Disabled Persons, ID card for disabled persons, ID card for disabled persons, labor contract and valid proof that the employer pays wages and social insurance premiums for disabled persons. The applicant shall fill in or submit the Application Form for Payment of Employment Security Fund for the Disabled and pay the security fund online.