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How to understand the concept of partial fund system in the financing model of social security funds?

Partial fund system means that part of the social security fund comes from the government budget, and the other part comes from social insurance premiums and other social security funds raised by both parties **** together.

1, the government financial expenditure: the government from the national budget to support the development of social security, these funds can be used for infrastructure construction, social assistance, medical care, pension insurance and other expenditures, but also for social security fund allocation.

2. Social insurance premiums: These include social security fees paid by enterprises and employees, and personal income tax. These fees are generally allocated to the social security fund by the government in accordance with the prescribed proportion, which is used to protect the social insurance fund for unemployment, medical care and other risks.

This financing model is relatively flexible, and both the government and society are able to participate in a number of ways,**** with support for the development of social security and the realization of a more comprehensive and sustainable social security system.