What does social security subsidy mean?

Social security subsidy refers to the government's policy of reducing individual social insurance burden. Social security subsidy, also known as social insurance subsidy, is a government policy aimed at reducing the social insurance burden of enterprises and individuals, encouraging employers to recruit people with employment difficulties, and supporting people with employment difficulties to choose their own jobs, start their own businesses or have flexible employment. SocialInsurance refers to a social and economic system that provides income or compensation for people who are unable to work, temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.