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What is the level of social security in Wuhan?
1. Old-age insurance: Wuhan implements the system that enterprises and individuals jointly pay old-age insurance, and the pension is calculated according to the length of service and the payment period. In addition, Wuhan also provides subsidies and pension services to vulnerable groups such as the extremely poor elderly and low-income households.
2. Medical insurance: The medical insurance policy implemented in Wuhan is a system in which enterprises and individuals pay jointly and the government gives appropriate subsidies. Medical insurance covers outpatient, inpatient, outpatient and emergency chronic and serious illness insurance.
3. Work-related injury insurance: Wuhan's work-related injury insurance is paid in full by enterprises to compensate employees for accidents or occupational diseases at work.
4. Unemployment insurance: Wuhan implements socialized management. Unemployment insurance is jointly paid by enterprises and individuals, which can provide certain living allowances and re-employment training for workers who are dismissed or voluntarily leave their jobs.
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