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Procedure for Organization to Apply for Purchase of Additional Endowment Insurance
(06/15/2005)

Execution authority: Welfare Insurance Division of Shanghai Labor and Social Security Bureau and district/county labor and social security centers
Application procedure: 1. "Record Form of Account Opening of Additional Inssurance";

2. "Application Form for Organization's Increase of Payment Proportion for Additional Endowment Insurance";

Execution procedure:
¡¡¡¡1. For the payment proportion for additional endowment insurance not more than 5% of the surplus payable salary and welfare fund, the organization shall apply to the district/county labor and social security center for verification and record after its capital is confirmed by the superintendent authority for finance and tax.

¡¡¡¡2. For the payment proportion for additional endowment insurance more than 5% of the surplus payable salary and welfare fund, the organization shall apply to the local district/county labor and social security center, which shall further submit the application to the Welfare Insurance Division of Shanghai Labor and Social Security Bureau for verification.
¡¡¡¡3. For the payment of additional endowment insurance based on the surplus between the gross payroll and the triple value of the social average salary of previous year, the organization shall handle the payment process at the local district/county labor and social security center.
Standard and basis of charge:
Submitted to:
Execution address:
audituser £º
Basis of execution: 1. "Notification on Issuance of 'Trial Comments of Shanghai on Organization's Payment of Additional Endowment Insurance'", No. HUSHEBAOYEYIFA [1997] 18, promulgated by Shanghai Administration of Social Insurance and Shanghai Finance Bureau (applicable to the first and second item of above "Execution procedure") 

2. "Notification on Specialized Allocation of Additional Insurance from the Withdrawal of Endowment Insurance Fund out of the Surplus between the Gross Payroll and the Base Number of Basic Endowment Insurance Fund", No. HULAOBAOBUFA [2000] 28, issued by Shanghai Labor and Social Security Bureau (applicable to the third item of above "Execution procedure")

Contact phone:
Website:
Duration of service:
Time limit: 
Applicant's qualification: The organization that has entered in the basic endowment insurance system for non-farmer employees and paid the insurance premium timely and fully.