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Why do schools require social security
The payment of social security is required in order to ensure the reproduction of material and labor force and the stability of society. Social insurance is a social and economic system that provides income or compensation for the population that is incapacitated, temporarily out of work or has suffered losses due to health reasons. Article 2 of the Social Insurance Law stipulates that the state shall establish a social insurance system for basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., and shall guarantee the right of citizens to obtain material assistance from the state and society in accordance with the law in the event of old age, illness, industrial injury, unemployment, maternity, and so on.
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