Job Recruitment Website - Social security inquiry - Is worker's compensation insurance a type of social security
Is worker's compensation insurance a type of social security
Yes. Worker's injury insurance is a social insurance system under which workers or their survivors receive material assistance from the state and society when they suffer accidental injuries or occupational diseases that result in temporary or permanent loss of their labor capacity and death in the course of their work or under specified special circumstances. Article 7 of the Regulations on Employment Injury Insurance states that the Employment Injury Insurance Fund consists of the employment injury insurance premiums paid by employers, the interest of the Employment Injury Insurance Fund, and other funds incorporated into the Employment Injury Insurance Fund in accordance with the law.
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