What is the social security levy for?

Insurance Bian Xiao helps you answer, and more questions can be answered online.

Social security: the abbreviation of social insurance, which is government-led and guaranteed by government financial funds. Among them, there is endowment insurance, which is set up to solve the problem that employees can receive a monthly pension after retirement to ensure their old age. Medical insurance is to solve the financial difficulties of employees' daily medical expenses. Unemployment insurance is to receive unemployment insurance benefits for employees for two years during their resignation to solve the problem of living needs during unemployment. Industrial injury insurance is established to solve the medical and living security problems of employees in the event of industrial injury. And maternity insurance