What does social security payment mean?

It is the maximum amount that social security can pay. Social security is a system in which the state or the government is the main body, and through the redistribution of national income, citizens are given material help when they temporarily or permanently lose their ability to work and have difficulties in life for various reasons, so as to ensure their basic livelihood.

The essence of social security is the pursuit of fairness, which must be based on legislation or law. Its basic contents include social insurance, social relief and social welfare.

As a form of national income redistribution, social security is realized through a certain system. We call the system of social security policies and measures stipulated by law and often implemented according to certain rules the social security system. Due to different national conditions and historical conditions, the specific content of social security system is not consistent in different countries and different historical periods. But one thing is common, that is, to meet the multi-level needs of social members, it is necessary to arrange multi-level security projects accordingly.

Generally speaking, social security includes social insurance, social relief, social welfare, special care and resettlement, etc. Among them, social insurance is the core of social security. The global social security model can be roughly divided into four types: national welfare, national insurance, social mutual assistance and accumulated savings, represented by Britain, the former Soviet Union, Germany and Singapore. The social security system under construction in China belongs to the mode of social mutual assistance, that is, the state, units (enterprises) and individuals jointly finance the social security plan, which will be the reform trend for a long time to come. Strengthening individual responsibility has become the consensus of global social security system reform. Social security is the product of modern industrial civilization, the "propeller" of economic development, the "backing mechanism" of safeguarding people's vital interests and the "stabilizer" of maintaining social security. Social security is a basic social and economic system of modern countries, an important guarantee of social stability and an important symbol of social civilization and progress.