Interim Measures for the Administration of Occupational Annuity Funds
Article 12
Institutions and institutions that establish occupational annuities shall perform the following duties
(a) to declare the occupational annuity payment to the social insurance agency that manages its basic old-age insurance.
(II) The occupational annuity payment of government agencies and institutions shall be transferred to the occupational annuity fund collection account established by the social insurance agency that manages their basic old-age insurance according to relevant regulations, and the funds from the occupational annuity fund collection account of the social insurance agency below the provincial level shall be collected into the occupational annuity fund collection account of the provincial social insurance agency in time to ensure the integrity, safety and independence of the funds. Measures for the establishment and management of occupational annuity fund collection accounts shall be formulated separately.
(3) According to relevant regulations, when the staff of this unit retires, goes abroad to settle down, dies, etc. , they apply to the social insurance agency that manages their basic old-age insurance to help pay the occupational annuity treatment; When the staff of this unit changes their work units, they shall apply for account transfer to the social insurance agency that manages their basic old-age insurance, and assist in the transfer of occupational annuity accounts; In case of the above or other relevant circumstances, the staff of this unit shall apply to the finance at the same level for recording the allocated funds.