Advantages and disadvantages of buying social security?

Buying social security will definitely do more good than harm.

Social insurance provides a sense of security for the elderly, medical care for the sick, medical care for the injured and loss of income. In other words, you can get some compensation and relief for illness and injury. At the same time, social security can also help to apply for passports, Hong Kong and Macao passes, and can also inquire about personal information.

First, social insurance is a public welfare and mutual social security organized by the state.

1. The state develops social insurance undertakings, establishes a social insurance system, and provides assistance and compensation to workers in old age, illness, work injury, unemployment and maternity.

2. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

Second, the coverage of social insurance.

1, endowment insurance; 2. Unemployment insurance; 3. Medical insurance; 4. Work injury insurance; 5. Maternity insurance.

Third, the payment base.

Employers and workers jointly pay social insurance premiums, with 60%-300% (40%-300% in some places) of the average monthly salary of employees in the province where the workers are located as the payment base.

Extended data

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

Baidu encyclopedia-social insurance