2 1 Century China Social Security Status

Constantly improve. By the end of 65438+February 6, 2022, the level of social security had been improved year by year, in which the basic pension for enterprise retirees had been adjusted ten times in a row, the balance of income and expenditure of social security fund had been continuously expanded, and the ability to resist risks had been enhanced. Social security is based on the state or the government, according to the law, through the redistribution of national income, to give citizens material help when they temporarily or permanently lose their ability to work and have difficulties in life for various reasons, so as to protect their basic needs.