What are social security and housing accumulation fund? Why does the company want us to buy it? If I leave my job in the future, what's the use of buying it, and will the money be wasted?

Social security means five insurances, old-age medical care, work injury, unemployment and maternity.

The pension is enough to pay 15 years. When you retire, you can get the pension or pay it to retirement, then your base will be big and you will get more.

Medical care is also 15. Part of the monthly money is transferred to your card for medical treatment and medicine, and the rest can be reimbursed for hospitalization.

Industrial injury is the guarantee of injury or disability at work.

Unemployment means that if you are fired, you can get unemployment benefits.

The purpose of childbirth lies in the reimbursement of expenses when giving birth to children.

Provident funds can be used to buy houses, decorate houses, overhaul houses and rent houses. Or withdraw it after retirement.

According to the relevant provisions of the Regulations on the Management of Housing Provident Fund, if a unit hires employees, it shall go to the housing provident fund management center for deposit registration within 30 days from the date of employment, and handle the establishment or transfer of employee housing provident fund accounts at the entrusted bank with the audit documents of the housing provident fund management center.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.