What is the purpose and purpose of Shanghai social security?

A social security system provided by Shanghai for residents has a wide range of uses and great significance.

First, medical security.

Shanghai Social Security provides comprehensive medical security for the insured. Social security card holders can enjoy reimbursement of medical expenses in designated medical institutions in Shanghai, thus reducing their personal medical burden. In addition, social security also includes maternity insurance, which provides some economic support for female employees during their childbirth.

Second, old-age security.

The social security system also includes endowment insurance, which provides certain pension benefits for the insured. By paying the endowment insurance premium, the insured can receive a monthly pension after reaching the statutory retirement age to ensure that their basic living needs are met.

Three. Industrial injury and unemployment protection

Social security also includes industrial injury insurance and unemployment insurance, which provides certain protection for the unfortunate events that the insured encounters in their work and life. Work-related injury insurance can provide medical expenses and work-related injury allowance for employees injured at work, while unemployment insurance can provide certain unemployment allowance when the insured is unemployed to help them tide over the difficulties.

Fourth, other welfare benefits.

In addition to the above basic guarantees, Shanghai Social Security also provides other benefits for the insured, such as housing provident fund and supplementary medical insurance. These benefits further improve the living standards of the insured, making them more calm in the face of various risks.

To sum up:

Shanghai social security is widely used and important, providing the insured with comprehensive welfare benefits such as medical security, old-age security, work injury and unemployment security. These safeguards not only reduce the financial burden of the insured, but also improve their quality of life and ensure that their basic living needs are met.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 2 provides that:

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

Measures of Shanghai Municipality on Basic Medical Insurance for Employees

Article 1 stipulates:

In order to ensure the basic medical needs of employees, these measures are formulated in accordance with the Social Insurance Law of People's Republic of China (PRC) and the Measures for the Implementation of the Social Insurance Law of People's Republic of China (PRC) in Shanghai, combined with the actual situation of this Municipality.

Measures of Shanghai Municipality on the Collection and Payment of Social Insurance Fees

Article 2 provides that:

These Measures shall apply to the collection and payment of basic old-age insurance premiums, basic medical insurance premiums, unemployment insurance premiums, maternity insurance premiums and work-related injury insurance premiums (hereinafter referred to as social insurance premiums) within the administrative area of this Municipality.