Job Recruitment Website - Social security inquiry - Why does the state have to pay social security?

Why does the state have to pay social security?

Can I get a loan only after paying social security? Because after paying social security, the bank will think that you have a fixed job and a stable income.

First, generally, before the loan, the bank will conduct a certain audit on the income and work of the lender, requiring the lender to have a stable job and a fixed income.

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.