Why do children and adults buy social security?

There are multiple reasons behind the phenomenon that children and adults have to buy social security. As an important part of the social security system, social security plays a vital role in the future education and life of families and children.

First, the close relationship between social security and education.

Social security is not only a personal guarantee for adults, but also an investment in the future of the family. Children's education is a long-term process, which requires a lot of investment, and the payment of social security by adults can provide certain economic security for families, thus reducing the economic pressure on families in education.

Second, the stabilizing effect of social security on family economy.

Social security includes pension insurance, medical insurance and many other contents. These safeguards can provide financial support to adults when they encounter accidents or diseases, and avoid poverty caused by illness or economic difficulties caused by accidents. This is very important to maintain the stability of family economy and ensure that children grow up and study in a good economic environment.

Third, social security planning for future life.

By paying social security, adults can make plans for their future life and that of their families. For example, old-age insurance can ensure a stable source of income after retirement, while medical insurance can reduce your financial burden when you are sick. These plans will help families better cope with future challenges and changes and create a more stable and safe living environment for their children.

Fourth, social security and social equity.

The establishment of social security system is the embodiment of social equity. By paying social security, adults can enjoy all kinds of benefits and guarantees provided by the state, which is helpful to narrow the gap between the rich and the poor and realize the fair distribution of social resources. This fairness is not only reflected in adults, but also indirectly affects children's growth and development environment.

To sum up:

Both children and adults need to buy social security, because social security is of great significance to family economic stability, children's education investment and future life planning. The establishment of social security system embodies social equity and helps to create a more stable and safe growth environment for children.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 4 provides that:

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

People's Republic of China (PRC) social insurance law

Article 10 stipulates:

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.