What does social security mean?

Social security, that is, social insurance, refers to a non-profit social security system with income redistribution function. It is to prevent and share social risks such as old age, unemployment, illness and death, realize social security, and force most members of society to participate.

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund.

Under certain conditions, the insured can get fixed income or loss compensation from the fund, which is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability. According to official data, 20 13 * * *, 38 million people gave up social security, and the pressure of empty accounts in personal accounts increased.

As a form of national income redistribution, the social security of expanding data is realized through a certain system. We call the system of social security policies and measures stipulated by law and often implemented according to certain rules the social security system.

Due to different national conditions and historical conditions, the specific content of social security system is not consistent in different countries and different historical periods. But one thing is the same, that is, in order to meet the multi-level needs of social members, multi-level security projects have been arranged accordingly.

Generally speaking, social security includes social insurance, social relief, social welfare, special care and resettlement, etc. Among them, social insurance is the core of social security. The global social security model can be roughly divided into four types: national welfare, national insurance, social assistance and accumulated savings, represented by Britain, the former Soviet Union, Germany and Singapore.

At present, the social security system under construction in China belongs to the social economic model, that is, the state, units (enterprises) and individuals jointly finance the social security plan, which is the reform trend for a long time to come. Strengthening individual responsibility has become the consensus of global social security system reform.

Social security is the product of modern industrial civilization, the "propeller" of economic development, the "backing mechanism" of safeguarding people's vital interests and the "stabilizer" of maintaining social security. Social security is a basic social and economic system of modern countries, an important guarantee of social stability and an important symbol of social civilization and progress.

Refer to Baidu Encyclopedia-Social Insurance