What are the types of social security?

The main social security mainly includes endowment insurance, medical insurance, industrial injury insurance, unemployment insurance and maternity insurance.

1, endowment insurance

Endowment insurance is a social insurance system in which workers get certain economic compensation, material help and services from the government and society after reaching the legal retirement age.

Generally speaking, as long as state-owned enterprises, collective enterprises, foreign-invested enterprises, private enterprises and other urban enterprises and their employees, institutions and their employees who implement enterprise management must participate in the basic old-age insurance.

To receive a monthly pension, employees must reach the statutory retirement age and have gone through retirement procedures; Units and individuals have participated in the old-age insurance according to law and fulfilled the obligation to pay the old-age insurance; Personal payment must be at least 15 years.

The legal retirement age of enterprise employees in China is: male employees are 60 years old; Female cadres engaged in management and scientific research are 55 years old and female employees are 50 years old.

2. Medical insurance

The basic medical insurance system for urban employees is a social security system based on the affordability of finance, enterprises and individuals to ensure the basic medical needs of employees.

Units and individuals participating in basic medical insurance must participate in large medical insurance at the same time, and pay the basic medical insurance premium and large medical insurance premium on time and in full according to the regulations in order to enjoy the relevant treatment of medical insurance.

3. Work injury insurance

Industrial injury insurance is also called occupational injury insurance. Workers who suffer from accidental injuries due to work or occupational diseases due to exposure to occupational hazards such as dust, radiation and toxic substances shall be compensated according to law.

4. Unemployment insurance

Unemployment insurance is a system enforced by the state through legislation and set up by the society to provide material assistance to workers who have temporarily interrupted their livelihood due to unemployment.

All kinds of enterprises and their employees, institutions and their employees, social organizations and their employees, private non-enterprise units and their employees, and employees with whom state organs have established labor contracts shall apply for unemployment insurance.

5. Maternity insurance

Maternity insurance is aimed at the physiological characteristics of fertility behavior. According to the law, when working women temporarily stop working and lose their normal income due to childbirth, the state or society provides them with material help. Maternity insurance benefits include maternity allowance and maternity medical services.

The legitimate rights and interests of workers are usually marriage leave and maternity leave, but not all these rights and interests can be guaranteed in life. In order to effectively protect the legitimate rights and interests of workers, China has formulated a corresponding labor security system, and those who violate the labor security system will be punished accordingly.