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What are the basic characteristics of social security?
(1) mandatory. The so-called compulsory means that social insurance is enforced by legislation, and the content and implementation of social security are carried out by law.
(2) universality. Social insurance requires socialization, and all enterprises and members of society who meet the legal requirements must participate.
(3) welfare. The so-called welfare means that social insurance is not for profit, and the implementation of social insurance is entirely to protect the basic life of social members.
(4) Social equity. As a form of distribution, social insurance has obvious characteristics of fairness. On the one hand, social insurance can't have a special class, and citizens under the same conditions get the same protection. On the other hand, in the process of forming and using insurance funds, the rights and obligations enjoyed by individuals are not strictly considered, thus reflecting a certain degree of social equity.
(5) Basic guarantee. The guarantee standard of social insurance is to meet the basic needs of the insured, because the fundamental purpose of social insurance is to ensure the stability of people's income and life and to play the role of social stabilizer.
(6) mutual assistance. Social insurance collects social insurance premiums from units and individuals with payment obligations in the whole society in the form of law, and establishes a social security fund, which will be used to help the insured in the whole society. At the same time, various social insurance funds can be transferred from the overall fund.
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