Employer

The employer (insured unit) is required to process the employee’s labor insurance, Labor Occupational Accident Insurance and labor pension payments from the date on which the employee commences employment. The Insurance Application Form and the Application for Labor Pension Contributions should be filled in with the payments determined according to the employee’s total monthly salary listed respectively in the “Table of Grades of Labor Insurance Salary”,“Insured Salary Category Chart of Labor Occupational Accident Insurance”and “Monthly Contribution Classification of Labor Pension”, and be sent to the Bureau of Labor Insurance. The labor insurance fee and labor pension fee shall be deducted monthly and sent to the Bureau of Labor Insurance within the required time period. Likewise, in the case of termination of employment, the employer is required to report the employee’s date of termination and withdrawal from insurance coverage. In addition, if the insured employee’s monthly salary changes, the employer is required to send a change of salary form to the Bureau of Labor Insurance, reporting the adjusted contributable salary of the employee. This adjustment is effective on the first day of the month immediately following the month in which the adjustment was reported. If the insurance salary change has not been reported according to regulations, a penalty will be changed, and it will be the responsibility of the employer to compensate any losses incurred upon by the employee.