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In the factory to buy social security belongs to which kind of social security

In the factory to get social security, is social insurance, it includes including pension insurance, medical insurance, unemployment insurance, industrial injury insurance, maternity insurance five kinds of insurance.

Social insurance is a social and economic system that provides income or compensation to a population that is incapacitated, temporarily out of work, or has suffered a loss due to health reasons. Social insurance programs are organized by the government to force a certain group of people to pay a portion of their income as a social insurance tax (fee) to form a social insurance fund, from which the insured can receive a fixed amount of income or compensation for loss if certain conditions are met. In China, social insurance is an important part of the social security system and occupies a central position in the whole social security system. In addition, social insurance is a kind of contributory social security, which is mainly financed by employers and workers themselves, with the government subsidizing and assuming the ultimate responsibility. But workers can only enjoy the corresponding social insurance benefits if they fulfill their legal obligation to make contributions and meet the legal conditions.

Characteristics of social security

1, the objective basis of social insurance, is the risk existing in the field of labor, the subject of insurance is the worker's person;

2, the subject of social insurance is specific. Including workers (including their relatives) and employers;

3, social insurance is compulsory;

4, the purpose of social insurance is to maintain the reproduction of the labor force;

5, the insurance fund comes from the contributions of employers and workers and financial support. The scope of insurance objects is limited to workers, excluding other members of society. The scope of insurance is limited to various risks in labor risks, excluding other risks such as property and economic risks.

Legal Basis

The Social Insurance Law of the People's Republic of China

Article 10 Employees shall participate in basic old-age insurance, and shall pay basic old-age insurance premiums by the employing unit and the employees*** together.

Individual industrial and commercial households without employees, part-time workers who do not participate in basic pension insurance with their employing units, and other flexibly employed persons may participate in basic pension insurance and pay basic pension insurance premiums by themselves.

The methods of pension insurance for civil servants and staff members administered under the civil service law shall be prescribed by the State Council.