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What does the income from social security card capital injection mean?
Legal basis: notice on deepening the reform of the endowment insurance system for enterprise employees. In accordance with the relevant provisions of the state, establish and improve the budget management and financial accounting system of endowment insurance funds, do a good job in basic work such as payment records and personal accounts, strictly control the extraction and use of management fees, adhere to earmarking, do a good job in fund management, ensure fund safety, and strive to maintain and increase value. At present, about 80% of the balance of the endowment insurance fund is used to purchase the special directional bonds of the social insurance fund issued by the state, excluding the two-month payment fee. No unit or individual may decide the other uses of the fund by itself. The operating income of the endowment insurance fund is fully included in the fund and exempted from taxes and fees.
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