What does social security mean?

Social security is five risks:

1, basic old-age insurance, to ensure that you reach retirement age, you can receive a pension according to the regulations, and cover your basic life in the second half of the year.

2, basic medical insurance, to protect your basic medical care, the vernacular is that you can reimburse medical expenses according to a certain proportion, to ensure that you can cure diseases.

3, unemployment insurance, to ensure that you can receive unemployment benefits in accordance with the regulations, to ensure the most basic needs of life during unemployment, you can also enjoy medical assistance during unemployment, and you can enjoy vocational training and employment training for unemployed people during unemployment.

4. Work-related injury insurance refers to the unit participating in insurance, which guarantees employees' work-related accidents, disability or death with the power of social security, guarantees employees' medical care and receives work-related injury allowance and one-time subsidy, with a high proportion of medical expenses reimbursement.

4, maternity insurance, is to protect the workers' fertility, childbirth, induced labor, ligation, family planning measures and other reimbursable expenses.

Legal basis:

People's Republic of China (PRC) Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' pension, illness, industrial injury, unemployment and maternity.

The right to get material help from the state and society according to law.

Derivative problem:

What is the composition of personal social security?

In addition to the unit can pay social security for you, in fact, people who don't have a job but have income or people who have a unit but don't pay social security can also pay social security themselves, but individuals can only pay endowment insurance; Medical insurance, work injury, maternity, unemployment, provident fund, you can't personally pay.

Old-age insurance is generally paid before retirement 15 years later, so if you want to receive a pension, please pay it before retirement 15 years ago. If the payment before retirement is less than 15 years, the state will return all the 8% pension saved in the personal account to you when you retire, and the unit will give you 265438.