Changshu study paid social security a few years can study

Social insurance refers to a social and economic system that provides income or compensation to a population that is incapacitated, temporarily out of work, or has suffered a loss due to health reasons. The main programs of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance, and maternity insurance.

Social insurance programs are organized by the government, which forces a certain group of people to take part of their income as a social insurance tax (fee) to form a social insurance fund, from which the insured can receive a fixed amount of income or compensation for their losses if certain conditions are met, and it is a kind of redistributive system, whose goal is to ensure the reproduction of material and labor force and the stability of the society.