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What kind of insurance does social security specifically refer to?
Social security refers to China's social insurance, including basic old-age insurance, basic medical insurance, work-related injury insurance, unemployment insurance and maternity insurance. Among them, medical insurance, old-age insurance and unemployment insurance are paid by companies and individuals in different proportions, while work-related injury insurance and maternity insurance are paid by units, and individuals do not need to pay.
legal ground
Article 2 of People's Republic of China (PRC) Social Insurance Law
The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to get material help from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.
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