What is the social insurance premium paid by social institutions?

Issued monthly. Social insurance agencies issue receipts for the unemployed to receive unemployment insurance benefits, and the unemployed will receive unemployment insurance benefits from designated banks with the receipts. The social insurance agency shall obtain the data needed for social insurance work through business handling, statistics and investigation, and the relevant units and individuals shall provide it in a timely and truthful manner. Social security fund is the abbreviation of social labor security fund, also referred to as "social security fund", which is managed by the state and local social labor security bureaus. The funds raised through various channels of the state, localities, units, collectives and individuals are mainly used for social security and social welfare of workers who participate in social security, which is the "pension" that provides the most basic guarantee for the insured's future life and the "life-saving money" for the rescue or treatment of future life accidents. The social security fund is converted into an investment fund by the relevant state and local administrative departments in accordance with the operating procedures allowed by the norms, also known as the "social security fund". Social security fund is different from social security fund, which comes from social security fund.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 74

The social insurance agency shall obtain the data needed for social insurance work through business handling, statistics and investigation, and the relevant units and individuals shall provide it in a timely and truthful manner.

The social insurance agency shall establish a file for the employer in a timely manner, completely and accurately record the social insurance data such as personnel's participation in social insurance and payment, and properly keep the original vouchers for registration and declaration and accounting vouchers for payment and settlement.

The social insurance agency shall timely, completely and accurately record the individual's personal rights and interests such as social insurance payment, employer's payment and social insurance benefits, and regularly send the personal rights and interests records to me free of charge.

Employers and individuals can inquire and check the records of payment and social insurance benefits from social insurance agencies free of charge, and ask social insurance agencies to provide social insurance consultation and other related services.