What are the characteristics of the mechanism of social security to deal with risks?

The mechanism of social security to deal with risks is universal, serious and social.

First, universality.

Because everyone may face illness, premature death, disability, unemployment or old age difficulties, it is difficult to completely avoid social security risks. For everyone, the probability of social security risk is incomparable to any other risk, which endangers everyone's basic life and quality of life.

Second, the seriousness.

Social security risks will not only lead to economic losses, but also the loss of people's health and life, and even psychological harm. From a personal point of view, social security risks are serious.

Third, sociality

At the micro level, social security risks may endanger the survival and life of individuals; On the macro level, social security risks may have a negative impact on social stability and security, and even affect social labor production and reproduction.

The role of social security:

The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Generally speaking, social insurance is enforced by the national government, mainly taking the income of specific groups as a part of social insurance, thus forming a social insurance fund. When the relevant conditions are met, the insured can get corresponding compensation from the fund.

The main function of social security is to get some compensation when the insured loses his labor income for various reasons, such as old age, unemployment, maternity and illness. This part of compensation generally includes both economic and material aspects, and its main purpose is to guarantee the basic life of the insured. It is mainly a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons.

Baidu encyclopedia-social security