Read the untranslated law here: http://www.chinalaw.gov.cn/article/fgkd/xfg/dfzfgz/201111/20111100353025.shtml
Suzhou Industrial Park, Suzhou municipal people's Government concerning the adjustment of social security (CPF) system decisions
(February 17, 2011 Suzhou municipal people's Government at the 64th Executive Meeting May 18, 2011 Suzhou municipal people's Government announced come into force on the date of promulgation, 119th) under the People's Republic of China social security law and other laws and regulations, combined with practical, Suzhou Industrial Park, and from July 1, 2011, adjusting the Suzhou Industrial Park, the social security (CPF) system. Since March 16, 1997, of the interim measures for the control of the Suzhou Industrial Park (24th order of the municipal government) applicable up to June 30, 2011.
Suzhou Industrial Park Administrative Committee should be in accordance with the People's Republic of China Law on social insurance, such as laws, regulations, spirit, Suzhou Industrial Park, set up corresponding social insurance (Provident Fund) management practices and supporting implementation details. Suzhou Industrial Park Administrative Committee at the time of matching management approaches and rules are formulated, should fully consider the park system practical interests of insured persons and industrial zone social insurance (Provident Fund) system to adjust the balance before and after transition, coordination ... To pay Provident Fund before June 30, 2011, according to the original approach to the use and management of specific provisions for July 1, 2011, social insurance (Provident Fund) funds the collection, use, management and supervision, development of new specific provisions.
Suzhou Industrial Park of social insurance (Provident Fund) managed by the Suzhou Industrial Park Administrative Committee is directly responsible for. This decision shall take effect from the date of its promulgation.
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