Job Recruitment Website - Social security inquiry - What does it mean for institutions to participate in social security?
What does it mean for institutions to participate in social security?
First, the wages and benefits of public institutions are quite good.
Second, social insurance is a kind of insurance required by the state. The state develops social insurance undertakings, establishes a social insurance system and sets up a social insurance fund, with the aim of enabling workers to get help and enjoy insurance benefits in old age, illness, work injury, unemployment and childbirth. China's "Labor Law" and "Social Insurance Law" clearly stipulate that it is the legal obligation of the employer to pay social insurance for workers, which is obviously compulsory by the state, and the employer shall not refuse to undertake this legal obligation under any excuse or reason.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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