What are the benefits of buying social security

The benefits of paying social security are as follows:

1. Pension insurance.

It is a social insurance system in which workers receive certain financial compensation material help and services from the government and society after they retire at the legal retirement age.

2, medical insurance.

The basic medical insurance system for urban workers is a social insurance system that protects the basic medical needs of workers based on the affordability of finances, enterprises and individuals.

All employers, including enterprises (state-owned enterprises, collective enterprises, foreign-invested enterprises and private enterprises, etc.), organs, institutions, social organizations, private non-enterprise units and their employees, are required to participate in the basic medical insurance, the basic medical insurance fund for urban workers consists of the basic medical insurance social coordinating fund and the individual account. The basic medical insurance premiums are composed of the employer's and employee's individual accounts.

3. Workers' compensation insurance.

Also known as occupational injury insurance. Workers due to work and in the course of the work of accidental injury, or exposure to dust, radiation, toxic substances and other occupational hazards caused by occupational diseases, the state and society to the injured, disabled, and the death of the pre-birth dependents to provide the necessary material assistance.

4, unemployment insurance.

It is mandatory for the State to adopt legislation to establish a fund centrally by society to provide material assistance to workers whose sources of livelihood have been temporarily interrupted by unemployment. All kinds of enterprises and their employees, institutions and their employees, social organizations and their employees, private non-enterprise units and their employees, the state organs and their labor contract relationship with the workers should be for unemployment insurance.

5. Maternity insurance.

It is for the physiological characteristics of the act of giving birth, according to the law, working women due to the birth of a child, resulting in the temporary interruption of the worker's work, the loss of the normal source of income, the state or society to provide material assistance.