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What is the use of buying social security
Legal analysis: social security paid for the use of: can be in the medical treatment, reimbursement of medical expenses in accordance with the provisions of the medical expenses; can be in the birth of a child, enjoy the maternity allowance; can be in the retirement, to enjoy the benefits of receiving a monthly pension; can be in the case of unemployment. Receive unemployment insurance benefits. The social insurance fund determines its sources of funding according to the type of insurance, and social integration is gradually being implemented.
Legal basis: The Labor Law of the People's Republic of China
Article 72 The social insurance fund determines the source of funds in accordance with the type of insurance, and gradually implements social co-ordination. Employers and workers must participate in social insurance and pay social insurance premiums in accordance with the law.
Article 73 Workers shall be entitled to social insurance benefits in accordance with the law in the following circumstances: (1) retirement; (2) illness or injury; (3) work-related disability or occupational disease; (4) unemployment; and (5) childbirth. When a worker dies, his or her survivors are entitled to survivor's benefits in accordance with the law. The conditions and standards under which workers are entitled to social insurance benefits are set forth in laws and regulations. Social insurance benefits enjoyed by workers must be paid in full and on time.
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