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What account should the social security fund be deposited in?
Legal basis: "Financial System of Social Insurance Fund" Article 42 The financial department shall set up a financial special account in accordance with the relevant state regulations on the management of financial special accounts. The main purpose of financial accounts is to receive social insurance premium income paid by tax authorities or agencies; Receiving interest income and other income paid by tax authorities or income households; Receiving and allocating investment operation funds according to the entrusted investment contract or relevant plans; Receiving fund investment income and interest income paid by expenditure households; Received financial subsidy income; Receiving transfer income; Receiving the transfer from the superior financial account or the funds from the subordinate financial account; Pay or transfer funds to the superior or subordinate financial accounts; According to the plan and budget of the agency, allocate funds to the expenditure households or directly settle funds with relevant institutions in accordance with state regulations; Handle inter-provincial medical settlement business in different places; Other purposes stipulated by the state. The treasury management institutions of financial departments at all levels shall provide monthly reconciliation vouchers and check accounts with social insurance agencies.
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