Characteristics of social security

The characteristics of social security are as follows:

1. Supportability: refers to guaranteeing the basic livelihood of workers.

2. Universality: Social insurance covers all social workers.

3. Mutual assistance: Use the joint efforts of the insured to help a person in danger, help each other and meet emergency needs.

4. Mandatory: Limited by national legislation, the participation of employers and employees is mandatory.

5. Welfare: Social insurance is a kind of government behavior, not for profit.

legal ground

Full text of 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 accordance with the law when they are old, sick, injured, unemployed and have children.