What does social security mean?

Social security is the abbreviation of social insurance. Social security includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

1 Endowment insurance is a social insurance system in which workers get certain economic compensation, material help and services from the government and society after reaching the statutory retirement age.

To put it bluntly, you can get money when you retire, and you can get a monthly salary just like retirement salary.

Medical insurance is a social insurance system established to compensate workers for economic losses caused by disease risks, which is divided into social medical insurance and commercial medical insurance. Social medical insurance is what we often call social security. Commercial medical insurance is the best supplement to social medical insurance, and there are many products to choose from.

To put it bluntly, when seeing a doctor, insurance is responsible for part and individuals bear part. Of course, if there is secondary insurance or commercial insurance, the personal burden can be paid by secondary insurance or commercial insurance.

As an integral part of the social insurance system, industrial injury insurance is enforced by the state through legislation, which is the social responsibility of the state to employees and the basic rights that employees should enjoy. Work-related injury insurance guarantees the medical treatment, life, disability pension and survivors' pension of workers with work-related injuries during medical treatment, and relieves their worries to a certain extent.

To put it bluntly, if you are injured at work or on your way to and from work, you can get some compensation, including medical expenses and pensions.

Maternity insurance is to protect the basic rights and interests of female workers, reduce and solve the special difficulties caused by physiological characteristics of female workers during pregnancy, childbirth and abortion, so that they can obtain necessary economic income and medical care during childbirth and abortion, and ensure their timely recovery and return to work.

To put it bluntly, on the one hand, women can reimburse some medical expenses before and after pregnancy, on the other hand, they can receive corresponding allowances.

Through the above insurance, it can basically be realized, with a sense of security for the elderly, medical treatment for diseases, compensation for injuries and health protection.