What are the benefits and uses of paying social security?

The role of paying social security is as follows:

1. Those who participate in endowment insurance will receive pension, pension and funeral expenses after retirement;

2. Participate in medical insurance, which can be used for medical reimbursement and medical insurance treatment services for the elderly;

3. Participate in unemployment insurance, and the insured person will receive unemployment insurance money after unemployment;

4. Participate in work-related injury insurance and pay work-related injury medical expenses, living care expenses, disability subsidies and disability allowances.

legal ground

Article 58 of People's Republic of China (PRC) Social Insurance Law

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.