What does social security mean? What does social security mean?

1, social security refers to the five risks, that is, social insurance. Social insurance is compulsory. According to national laws, as long as the company has employees, the company must buy social insurance for them. Social insurance includes work-related injury insurance, unemployment insurance, maternity insurance, endowment insurance and medical insurance, among which medical insurance, endowment 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.

2. The main purpose of social insurance is to provide the most basic insurance protection for employees. For example, medical insurance can help the insured to solve some medical expenses. The proportion of medical insurance reimbursement in some areas is as high as 90%, which can reduce the economic pressure of the insured.