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Importance of social security fund security
Safeguarding people's livelihood: Social security funds are used to pay social insurance benefits such as pension, medical care and unemployment insurance. Ensuring the security of social security fund is helpful to protect the basic rights and interests of the insured and maintain social stability.
Promote economic development: the stability and security of social security funds are also of great significance to economic development. On the one hand, the accumulation of social security funds can provide certain financial support for the country, which can be used in infrastructure construction, education, medical care and other fields; On the other hand, the safe operation of social security fund can enhance people's consumption confidence and promote economic growth.
Maintaining social equity: The main function of social security fund is to provide basic living security and risk prevention for workers. Ensuring the security of social security funds is helpful to maintain social equity, narrow the income gap and promote social harmony.
Guard against financial risks: Social security fund is huge in scale, and its security is related to the stability of the whole financial system. Ensuring the security of social security fund can reduce the systemic risk of financial market and safeguard the national financial security.
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