What is the meaning of social insurance simple point

Social security, short for social insurance, mainly includes basic pension insurance, basic medical insurance, unemployment insurance, work injury insurance and maternity insurance, of which, work injury insurance and maternity insurance, the employee himself does not contribute, the cost is borne by the unit.

Each type of social insurance has its own function and treatment, and the main classifications are as follows:

First, basic pension insurance, the insured person in accordance with the state regulations, the minimum contribution of 15 years, and reaches the legal age, to apply for pension formalities, and will be paid monthly pensions.

Second, the basic medical insurance, the basic medical insurance, mainly to solve the participants because of illness, non-work-related injuries, in the hospital, to give a certain percentage of reimbursement of expenses, to reduce the financial burden of the participants.

Third, the unemployment insurance, when the employee for various reasons, the unit was terminated by the contract, in the state of unemployment, in accordance with the provisions of a certain amount of living allowance, also called unemployment benefits.

Fourth, work injury insurance, employees injured at work, the work injury insurance fund to bear the costs of treatment and related treatment of work injuries, reduce the burden of enterprises. Also make the insured units of injured workers, not because of the poor economic performance of enterprises, employees do not get compensation for the important measures,

Fifth, maternity insurance, when the employee gives birth. In accordance with the provisions of the subsidies and reimbursement of maternity expenses, its purpose is also to reduce the burden of employees.

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