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Social security what is the situation
Legal analysis: social insurance is a social and economic system that provides income or compensation to a population that is incapacitated, temporarily out of work, or has suffered a loss due to health reasons. The main items of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Social insurance is a welfare benefit given by the state to its citizens, with a wide range of coverage and a relatively low level of protection, but social security is the foundation, and commercial insurance is supplementary.
Legal basis: The Social Insurance Law of the People's Republic of China
Article 4 Employers and individuals within the territory of the People's Republic of China pay social insurance premiums in accordance with the law, and have the right to inquire about records of contributions, records of individual rights and interests, and to request social insurance agencies to provide social insurance counseling and other related services.
Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.
Article 5: The people's governments at or above the county level shall incorporate the cause of social insurance into their national economic and social development plans.
The State raises funds for social insurance through multiple channels. The people's governments at or above the county level give necessary financial support to the social insurance cause.
The State supports the social insurance cause through preferential tax policies.
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