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What does the social security level in Hangzhou mean?
The meaning is as follows:
Municipal social security is the municipal level, which usually refers to the departments and units directly under the city. Social security is divided into provincial social security and municipal social security. Provincial units participate in provincial insurance, which belongs to the management of provincial social security center. It is for this reason that social insurance is coordinated at the provincial level.
Social security generally refers to social insurance, which is a social and economic system that provides income or compensation for people who are unable to work, temporarily unemployed or suffer losses due to health reasons.
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