What is the meaning of demolition compensation social security

The meaning of social security for demolition compensation is as follows:

Social security compensation for land expropriation is a social insurance compensation for land-loss farmers when their land is expropriated, aiming to ensure that the land-loss farmers can still enjoy basic livelihood security after losing their land. The amount of compensation and the percentage of contributions vary according to age groups and local economic levels. For landless peasants who have exceeded the retirement age, the Government will allocate funds to pay for their pension insurance premiums so that they can receive their pensions immediately. Landless peasants who have not yet reached retirement age are required to join the pension insurance program for urban flexibly employed people and pay the premiums themselves, but most of the costs are borne by the government and the collective.

The rights and benefits of social security:

1, the rights and benefits of basic medical insurance for the insured;

2, the rights and benefits of compensation for injuries in the workers' compensation insurance;

3, the rights and benefits of unemployment benefits in the unemployment insurance;

4, the rights and benefits of receiving pensions in the old-age pension insurance;

5 and the rights and benefits of receiving maternity allowances in the maternity insurance.

In summary, the social security compensation for land expropriation is a social security measure for landless peasants, which adjusts the amount of compensation and the percentage of contribution according to age and regional differences to ensure that they still have a livelihood security after losing their land, and the government pays pensions for those above retirement age, while those who have not reached retirement age participate in the old-age insurance, with the government and the collective bearing most of the costs.

Legal basis:

The Land Management Law of the People's Republic of China

Article 48

The expropriation of land shall be compensated in a fair and reasonable manner, so as to ensure that the original standard of living of the farmers whose land has been expropriated will not be lowered, and that their livelihoods will be safeguarded in the long term. The expropriation of land shall, in accordance with the law, pay in full and in a timely manner the compensation for land, resettlement subsidies, and compensation for rural villagers' dwellings, other aboveground attachments, and seedlings, as well as arrange for the social security expenses of the peasants whose land has been expropriated. The standards for land compensation and resettlement subsidies for expropriated agricultural land shall be determined by provinces, autonomous regions and municipalities directly under the Central Government through the formulation and publication of district comprehensive land prices. The comprehensive land price shall be formulated by taking into account such factors as the original use of the land, the conditions of the land resources, the value of the land, the location of the land, the relationship between the supply and demand of the land, the population, and the level of economic and social development, and shall be adjusted or re-published at least once every three years. Compensation standards for the expropriation of land other than agricultural land, ground attachments and seedlings shall be set by provinces, autonomous regions and municipalities directly under the central government. For rural villagers' residences therein, fair and reasonable compensation shall be given in accordance with the principles of compensation before relocation and improvement of living conditions, respecting the wishes of the rural villagers, and by means of rearranging the homesteads to build houses, providing resettlement houses, or monetary compensation, and compensating the costs of relocation and temporary resettlement due to expropriation, so as to safeguard the rights of the rural villagers to reside in their homes and to their lawful rights and interests to housing and property. Local people's governments at or above the county level shall include farmers whose land has been expropriated in the corresponding social security system for old-age pensions and the like. The social security expenses of farmers whose land is expropriated are mainly used to subsidize the social insurance contributions of eligible farmers whose land is expropriated, such as old-age insurance. The methods of raising, managing and utilizing the social security expenses of the expropriated farmers shall be formulated by the provinces, autonomous regions and municipalities directly under the central government.