What is the use of social security in Guangzhou

The role of social security in Guangzhou: 1, during the work period, social security can protect the individual's work injury, accidents, medical and other issues, but also for future retirement accumulation of social security years, the accumulation of 15 years can be in the retirement age to enjoy the pension. Guangzhou's current home purchase, car purchase and other matters, all need to cooperate with the social security years to deal with.

2. Social insurance is a system that is implemented by a specialized agency provided for by law, established for workers, and set up a special fund by raising money from workers and their employers to ensure that they receive a certain level of income compensation after they lose their labor income.

3. Social insurance consists of five main types of insurance: old-age, work-related injuries, maternity, unemployment[1] and medical care (major illnesses). As a social security undertaking, the nature of social insurance is fundamentally different from that of commercial insurance, which is compulsory, protective, welfare and social. Employers and workers should participate in social insurance in accordance with the law, and the enjoyment of social insurance is the legitimate rights and interests of every worker.

4. Unlike the commercial insurance of the insurance companies in the market, social security is coordinated by the state and is non-profit in nature, which is the protection of the public. For unregistered offices and branches can use the third-party platform, through the form of social security outsourcing, to help employees realize to local insurance.