China social insurance law

Endowment insurance began to be implemented around 1992 (starting time varies from place to place). Before the implementation, the length of service of formal employees of state-owned enterprises, collective enterprises or other institutions is regarded as the payment time.

Social security is paid from 1999. Provisional regulations on the collection and payment of social insurance premiums, but the payment time of different provinces, cities and industries is inconsistent. As early as 1992, state-owned enterprises basically began to pay wages on 1994.

1. Social insurance is compulsory insurance required by the state. The state develops social insurance undertakings, establishes a social insurance system and sets up a social insurance fund, with the aim of enabling workers to get help and enjoy insurance benefits in old age, illness, work injury, unemployment and childbirth. China's "Labor Law" and "Social Insurance Law" clearly stipulate that it is the legal obligation of the employer to pay social insurance for workers, which is obviously compulsory by the state, and the employer shall not refuse to undertake this legal obligation under any excuse or reason.

2. Social security includes pension, medical care, work injury, unemployment and maternity insurance.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.