Is the social security paid by Shanghai in the street social security for residents or employees?

As of May, 2023 18, this belongs to residents' social security.

According to the data of Shanghai local treasure, residents' social security participates in the street and employees' social security participates in the talent center. Residents' social security includes residents' pension insurance and residents' medical insurance, and employees' social security includes employees' pension, medical care, work injury, unemployment and maternity insurance.

The functions of residents' medical insurance include: reducing the economic burden. When the insured is sick, especially some serious diseases, it can reduce the financial burden of the family to a certain extent. To a certain extent, the insured can live with more peace of mind. The compensation amount greatly exceeds the overall expenses paid by individuals, effectively preventing poverty caused by illness and returning to poverty due to illness.