Is social insurance part of the company's contribution in the audit report?

According to the national social insurance regulations, all the social insurance paid by the employer goes into the overall fund. As the name implies, the overall fund is used for overall arrangement and benefits all eligible insured persons.

I. The retirement pension of the insured is composed of basic pension, transitional pension, account pension and adjustment fund. Among them, basic pension, transitional pension and adjustment fund. They are all included in the overall plan, and the insured person only undertakes personal accounts.

Annually adjusted pension, heating fee, funeral expenses after death, pension, etc. after the insured retires. It is also paid by the overall fund. Therefore, all the funds paid by the unit are used for the insured, not for the country as some people say.

The second is medical insurance. In addition to personal accounts and employer contributions, a large part of medical insurance funds are included in the overall payment for medical reimbursement of insured persons.