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American social security system
Legal analysis:
Yes The United States has a social security system with almost universal participation. In 20 17, about 62 million people received social security, with a total amount of about $955 billion. Social security is the main source of income for the elderly, and about 90% of the elderly over 65 receive social security.
Legal basis:
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 to protect citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity.
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