Page 94 - Niên giám

GRDP at constant prices which removes the price volatility over the
years is used to calculate the economic growth rate in the locality, and to
study changes in the volume of produced goods and services.

STATE BUDGET

Local State budget revenues (provinces, cities directly under the
central government) are all revenues mobilized into the budget fund in a
given period to meet the spending needs of the local government.

Local State budget expenditures (provinces, cities directly under
the central government management) are all expenditures in a given period
for performing functions and tasks of the local government and

expenditures of the central agencies located in the provinces/cities directly
under the central government.

INSURANCE

Social insurance is a guarantee to replace or partly compensate
employee' income when his/her income is reduced or lost due to sickness,
maternity, occupational accident, occupational disease, outside of the
labour force or death on the basis of thier contribution to the social
insurance fund.

Compulsory social insurance is a type of State-run social insurance
of which the participation of employees and employers is compulsory.

Voluntary social insurance is a type of State-run social insurance of
which the participant may select premium rates and modes of payment in
conformity with his/her income and the State will provide premium support
for the benefit of the participant relating to pension and death gratuity.

Number of social insurance beneficiaries refers to number of
persons who have participated in and benefited from social insurance
(calculated according to number of persons, regardless that one person

may receive different types of social insurance).

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