What is the main function of social security paid by the company?

1. First of all, providing for the aged: the personal contribution is in your personal account, and the company contribution belongs to the national overall planning. If you only pay for one year, then when you retire, you can only get back your personal money and nothing else. If you can pay 15 years, then you can get old-age insurance according to the national policy after retirement, which is definitely for your personal contribution.

2. Then talk about medical care: if you have medical care, you should be able to apply for a medical insurance card. The personal account in the medical insurance card has money. The money you paid yourself must be in your account, and a small part of the money paid by the company is in your account. You can use the money in your account when you go to the clinic when you are sick. Hospitalization for serious illness can also reimburse most of it, so it is more useful insurance. If you pay medical insurance, you can use the medical insurance card when you pay it, but you can't use it when you don't pay it. If you can pay 15 years, even if you don't pay after retirement, you will still be given money in your account and enjoy the same treatment as when you pay.

3, unemployment: unemployment insurance, if you are a rural hukou, then you personally do not pay, the company is paying for you. For urban hukou, individuals also pay a small part. If the company dismisses you one day, you will get unemployment insurance every month. The amount varies from place to place and is generally lower than the minimum wage. Rural hukou can only take half of urban hukou.

4. Childbirth: individuals do not pay. The company pays for you. If you pay maternity insurance, you will have a baby and enjoy maternity allowance and maternity medical expenses.

5. Work-related injuries: individuals do not pay fees. The company pays for you. If you are insured and have a work-related injury, the company can go to the work-related injury insurance to reimburse your work-related injury expenses.

Having said that, I hope you can know more about the national social security policy.

I think paying social security is still a good guarantee for individuals.