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What are the benefits of paying social security in Shenzhen?

Legal analysis: Shenzhen social security is also commonly known as the five insurances, and the uses of the five insurances are different. Old-age insurance is mainly to receive a pension after retirement, medical insurance is mainly to reimburse the expenses of seeing a doctor or being hospitalized, maternity insurance is mainly to reimburse the expenses before and after pregnancy, unemployment insurance is mainly to receive unemployment benefits after unemployment, and industrial injury insurance is mainly to receive corresponding industrial injury compensation.

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, 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 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Article 4 Employers and individuals in People's Republic of China (PRC) shall pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask 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.