What does social security trusteeship mean?

Legal analysis: enterprise social security trusteeship is to outsource the social security of the enterprise to a third-party qualified company, and the third-party company pays the social security for the enterprise.

The help of enterprise social security trust to enterprises is to improve efficiency, avoid risks, save costs and promote development. Specifically, enterprise social security trust can help human resources departments get rid of heavy repetitive work and focus on core strategic work, thus enhancing the height and core competitiveness of human resources management. Provide opportunities to contact with new management technologies and improve the corresponding speed and efficiency; Avoid the uncertain risks brought by a large number of investment talents, simplify the process, save time and improve employee satisfaction.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.