What are the benefits and uses of personal social security?

The benefits and uses of individual social security payments are as follows:

1, old-age insurance: guarantee the basic life after retirement and receive a monthly pension after retirement;

2. Medical insurance: provide economic guarantee for disease treatment, reimburse medical expenses when sick, and enjoy lifelong medical insurance after retirement;

3. Unemployment insurance: provide temporary living allowance when unemployed, apply for unemployment benefits, and relieve economic pressure;

4. Work injury insurance: provide medical and economic compensation in case of work injury;

5. Maternity insurance: providing medical expenses reimbursement and maternity allowance during childbirth to reduce the economic burden;

6. Survivors' treatment: After the death of an employee, survivors can receive survivors' allowance.

Benefits and uses of individual social security payment:

1. Old-age insurance: guarantee the basic living security after retirement;

2. Medical insurance: reducing the economic burden of seeking medical treatment due to illness;

3. Unemployment insurance: provide some economic help during unemployment;

4. Work-related injury insurance: provide medical and economic compensation in case of work-related injury or occupational disease;

5. Maternity insurance: basic medical expenses and living allowance are guaranteed during childbirth.

To sum up, the benefits and uses of personal social security include: ensuring the basic life after retirement, providing economic security for disease treatment, providing living allowance when unemployed, providing medical and economic compensation when work-related injuries occur, reducing the economic burden during childbirth, and receiving survivors' allowance after employees die.

Legal basis:

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

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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 get material help from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.