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What is the meaning of social security enjoyment month
Social insurance is a non-profit social security system with the function of redistribution of income, in which the state compels the majority of the members of the society to participate in order to prevent and share the social risks of old age, unemployment, illness and death, and to realize social security. Social insurance (Social Ins rance) is a social and economic system that provides income or compensation for people who are incapacitated, temporarily out of work, or have suffered a loss due to health reasons. The social insurance scheme is organized by the government, which forces a certain group of people to pay a part of their income as social insurance tax (fee) to form a social insurance fund, from which the insured people can receive a fixed income or compensation for their losses if certain conditions are met; it is a redistributive system, and its goal is to ensure the reproduction of material and labor force as well as the stability of the society. The main items of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Deduction ratio of social security: five insurance are generally 1, pension insurance: 13% of the company, 8% of the individual. 2、Worker injury: the company bears 1%, the individual does not bear. 3、Unemployment: 1% for the company, not for the individual. 4、Medical and maternity insurance: 2% for the company and 0.5% for the individual. Total of the above: 17% for the employer and 8.5% for the individual. (Payment of wages * contribution ratio can be derived from how much money to pay.)
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