Job Recruitment Website - Social security inquiry - What does social security include?

What does social security include?

Social security includes endowment insurance, unemployment insurance, work injury insurance, maternity insurance and medical insurance.

A social and economic system that provides income or compensation for people who are unable to work, temporarily unemployed or suffer losses due to health reasons.

Details are as follows:

1. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance taxes and fees to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund;

2. Social insurance refers to the system that the state establishes a social insurance fund through legislation to give necessary material help to workers who participate in labor relations when they lose their ability to work or are unemployed. Social insurance is not for profit.

legal ground

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

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity. Article 57 An employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate.