Job Recruitment Website - Social security inquiry - What does social security include?

What does social security include?

1. Endowment insurance: This is established to ensure the basic needs of employees after retirement. Workers can enjoy fixed pension benefits when they reach the statutory retirement age after paying the old-age insurance 15 years.

2. Medical insurance: This is to reduce the financial burden of employees due to illness or injury. Medical insurance includes basic medical insurance, large medical mutual insurance and supplementary medical insurance, covering basic medical expenses reimbursement, critical illness protection and special disease treatment.

3. Maternity insurance: it mainly includes maternity allowance and maternity medical care, aiming at protecting the rights and interests of female employees during childbirth.

4. Unemployment insurance: When employees are unemployed for non-personal reasons, unemployment insurance can provide certain economic security and help employees tide over the difficulties.

5. Work injury insurance: This is to protect employees from accidents or occupational diseases at work. Work-related injury insurance includes work-related injury medical expenses, work-related injury treatment related expenses and work-related injury subsidies.

6. Housing accumulation fund: this is set up to help employees solve housing problems, and is paid by both employees and units to support employees' housing needs.