What is the use of social security

Medicare coverage of hospitalization medical expenses can be reimbursed, employee health insurance contributions for 25 years, health insurance becomes a lifelong benefit; pension insurance payment of 15 years, you can receive a pension after retirement, the more you pay the longer you pay, the more you will receive after retirement;

Social security is specifically as follows:

Social security is as follows:

1, can stabilize the life of the community, and the social security system is the most important thing.

1. It can stabilize social life.

2. It can realize redistribution.

3, can promote economic development.

4, most of the areas to buy a car to buy a house and social security linked to the requirement that only pay social security for a certain period of time, you can buy a car to buy a house in the local.

5, social security contains five major insurance, each with its own role, pension insurance can be used for retirement pension, as well as funeral expenses and pension payments; medical insurance can be used for reimbursement of medical expenses as well as enjoying medical insurance treatment after retirement.

Unemployment insurance can be used to receive unemployment insurance benefits and subsidies for medical expenses after losing one's job; work injury insurance can be used to pay for treatment of work injuries, living care expenses, disability benefits and disability allowances, etc.; maternity insurance can be used for maternity allowances, maternity grants, reimbursement of maternity medical expenses, and enjoyment of maternity leave.

Methods of payment of social security:

The first way is to pay the social security of urban and rural residents, which is actually what we call "new rural cooperative". Only the new rural cooperative is only the medical insurance, it also has a special urban and rural residents pension insurance, after 15 years of contributions can receive a pension.

The second way is to enroll in flexible employment, also paying both medical and pension insurance. In this case, it involves the issue of the place of enrollment and the place of hukou. If you have not been insured in the past, you can only be insured in the place of your hukou, and you will have to pay the premiums according to the policy of flexible employment. If you have already been insured, then you can just renew your insurance and join under the flexible employment policy.

The third method is to find a social security agency to pay the social security, this way you can pay the normal five insurance and one gold, than according to the policy of the flexible employment personnel to pay higher fees, enjoy more rights and interests, but also to meet some of the first-tier cities in the policy of the purchase of the lottery needs.