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What is the social security number in the United States?
The social security number in the United States also has an "overflow" effect. Because of its long-term stability and lifelong tracking record of the parties' credit records, it has become an information source that banks, trusts, police, border inspection, demography and even educational and electoral institutions rely on.
In the history of social security development in the world, the United States is the first federal country to promote social security numbers and social security cards within a country, and it is a quite successful model.
Extended data:
The main features of American social security are:
(1) Establish and gradually improve the social security system in time. At the beginning of this century, with the development of industrialization and the improvement of living standards, the American people generally paid attention to the lives of the elderly. The Great Depression in 1930s made the life of the elderly in the most difficult situation, and social pension became the hope of the elderly.
(2) The statutory retirement insurance for the elderly is compulsory, contributory and welfare. The sources of funds for retirement and medical insurance are normal and can be adjusted by themselves.
(3) Develop voluntary endowment insurance operated by insurance companies, absorb idle funds to enhance economic strength and prepare for an aging population. In addition to life insurance, property insurance and death insurance, some life insurance companies in the United States also vigorously operate private endowment insurance with the nature of collective and individual voluntary insurance as a supplement to statutory retirement insurance.
Baidu Encyclopedia-American Social Security System
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