What programs are included in China's social insurance

Chinese social insurance includes pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance.

Pension insurance:

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

State-owned enterprises, collective enterprises, foreign-invested enterprises, private enterprises and other urban enterprises and their employees, and institutions under enterprise management and their employees must participate in basic pension insurance.

Medical insurance:

The basic medical insurance system for urban workers is a social insurance system established to safeguard the basic medical needs of workers according to 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, and the basic medical insurance fund for urban workers consists of the basic medical insurance social co-ordination fund and individual accounts.

Workers' compensation insurance:

Workers' compensation insurance is also called occupational injury insurance. After a worker suffers an accidental injury due to and in the course of his work, or suffers an occupational disease caused by exposure to occupational hazards such as dust, radiation, or poisonous substances, the state and society will provide the necessary material assistance to the injured, the disabled, and the deceased's pre-birth dependents.

Unemployment insurance:

Unemployment insurance is a system, mandated by the State through legislation, in which a centralized fund is set up by society to provide material assistance to workers whose livelihood has been temporarily interrupted by unemployment.

All types of enterprises and their employees, institutions and their employees, social organizations and their employees, private non-enterprise units and their employees, and employees with whom State organs have established labor contract relationships shall be subject to unemployment insurance.

Maternity insurance:

Maternity insurance is the material assistance provided by the state or society in response to the physiological characteristics of the act of giving birth, and in accordance with the provisions of the law, when a working woman gives birth to a child, resulting in the temporary interruption of the worker's work and the loss of her normal source of income.

The Maternity Insurance Fund consists of the maternity insurance premiums paid by the employer, together with interest thereon and late payment fees. Maternity allowances for female workers during maternity leave, medical expenses incurred during childbirth, the cost of family planning surgery for workers, and other expenses related to maternity insurance as stipulated by the State shall be paid out of the Maternity Insurance Fund.