2¡¢Receive Contributions: The enterprise makes its contributions for each plan member on schedule according to the contribution rules set for the annuity scheme and has the contribution fund directly transferred into the custody account of fiduciary property. The account manager handles the detailed contribution data provided by the enterprise, enregisters and combines it with the account after full reconciliation of the amount payable and the amount actually paid. Finally the account manager has contribution data ultimately reflected in the corporate and individual accounts. Supervising the receipt of contributions is one of the most important procedures in the process of EA operations services.

3¡¢Income Distribution: The custodian periodically evaluates the occupational annuity fund¡¯s NAV. The account manager calculates the income gained through investment operations for the current period that is to be credited into each account. This is done according to the fund¡¯s unit price for the current period, provided by custodian and the enterprise¡¯s application (including annuity contribution, benefit payment, investment conversion etc.) and the balance of corporate and individual accounts having been recorded in the account management system during the last period. The custodian opens an investment asset account, a securities account, an open-end fund account etc. for the occupational annuity fund held in trust for the client. He then takes charge of fund settlement and delivery and, according to provisions of regulations, opens an investment management risk reserve account specially used for making up the investment loss probably incurred for the fund. The investment manager makes corresponding investments according to a pre-determined investment strategy decided upon by the client as well as to market conditions.

4¡¢Payment of Benefits: In case of retirement, death or emigration etc., any employee may submit an application for payment of annuity benefits via their employer. The mode of payment is either in one lump-sum or payment by installment. The account manager is responsible for the corresponding processing of the account, the investment manager chooses to sell corresponding investment assets according to market conditions and the custodian then fulfills the actual payment to the individual account. The payment of benefits is ultimate representation of interests and return of the individual account under the EA plan.

5¡¢Changes in Information: Includes a change of agreements the plan is based upon, change of enterprise information or change of employee information. Updating information is a routine affair occurring during the management of enterprise annuity.

6¡¢Changes in Investments: Includes changes in the allocation of investments with respect to future annuity contributions and changes in investment conversion regarding existing assets. The initial allocation of investments is determined by the client together with the investment manager when definining the plan document.