What is the function of social security?

Social security is insurance issued by the state, not for commercial profit. The full name is social insurance, which forces a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. First, the benefits of social security-old-age insurance Old-age insurance is a social insurance system that the government and society give certain economic compensation, material help and services to workers after they reach the statutory retirement age. State-owned enterprises, collective enterprises, foreign-invested enterprises, private enterprises and other urban enterprises and their employees, institutions and their employees who implement enterprise management must participate in the basic old-age insurance. The contribution rate of new insured units (referring to various enterprises) is 10%, and the individual contribution rate is 8%. Individual industrial and commercial households and their employees, flexible employees and other personnel who are insured in the form of individuals have different rates according to the payment period. Individual workers who participate in the basic old-age insurance, the payment base can be high or low within the prescribed scope, and more contributions will benefit more. To receive a monthly pension, employees must reach the statutory retirement age and have gone through retirement procedures; Units and individuals have participated in the old-age insurance according to law and fulfilled the obligation to pay the old-age insurance; Personal payment must be at least 15 years. At present, the legal retirement age of enterprise employees in China is: male employees are 60 years old; Female cadres engaged in management and scientific research are 55 years old and female employees are 50 years old. Basic pension consists of basic pension and personal account pension. If the employee reaches the statutory retirement age and the individual contribution has reached 15 years, the monthly standard of basic pension is 20% of the average monthly salary of employees in the province (autonomous region or municipality directly under the Central Government) or city (prefecture) in the previous year. Personal account pension is paid by personal account fund, and the monthly payment standard is divided by 120 according to the amount stored in my account. After the individual account fund is used up, it will be paid by the social pooling fund. Second, the benefits of social security-medical insurance The basic medical insurance system for urban employees is a social insurance system established to protect the basic medical needs of employees according to the affordability of finance, enterprises and individuals. All employers, including enterprises (state-owned enterprises, collective enterprises, foreign-invested enterprises and private enterprises, etc. ), organs, institutions, social organizations, private non-enterprise units and their employees must participate in the basic medical insurance. The basic medical insurance fund for urban workers consists of the basic medical insurance social pooling fund and individual accounts. The basic medical insurance premium consists of the employer and the employee's personal account. The basic medical insurance premium shall be paid by the employer and individual employees. Maternity allowance for female employees during maternity leave, medical expenses incurred during childbirth, family planning operation expenses for employees and other expenses related to maternity insurance stipulated by the state shall be paid by the maternity insurance fund. Among them, the unit pays 6% and the individual pays 2%. Part of the medical insurance premium paid by the employer is used to establish a social pooling fund for basic medical insurance, which is mainly used to pay for hospitalization, outpatient service for special chronic diseases, rescue and first aid expenses of insured employees. Medical expenses that meet the requirements above the minimum threshold of basic medical insurance and below the maximum payment limit, among which individuals should also bear a certain proportion of expenses according to regulations. Personal account funds are mainly used to pay the expenses of the insured for medical treatment and drug purchase in designated medical institutions and retail pharmacies. The part of the personal account that is exhausted or insufficient is paid by the insured in cash, and the personal account can be carried forward and inherited according to law. Insured employees are hospitalized due to illness, first pay the hospitalization deductible line, and then enter the overall fund and individual employee payment period. Units and individuals participating in basic medical insurance must participate in large medical insurance at the same time, and pay the basic medical insurance premium and large medical insurance premium on time and in full according to the regulations in order to enjoy the relevant treatment of medical insurance. Third, the benefits of social security-industrial injury insurance Industrial injury insurance is also called occupational injury insurance. After a worker suffers from accidental injuries due to work or occupational diseases due to exposure to occupational hazards such as dust, radiation and toxic substances, the state and society shall provide necessary material assistance to the disabled and the relatives of the deceased. Work-related injury insurance premiums are paid by employers, and the collection rate of work-related injury insurance premiums in industries with high incidence of work-related injuries is higher than the general standard. On the one hand, it is to ensure that the industrial injury insurance fund can fully pay the industrial injury insurance benefits of employees in these industries. On the other hand, through the collection of high rates, enterprises can have a sense of risk, strengthen the prevention of work-related injuries and reduce the casualty rate. After an employee is insured for a work-related injury, if the employee is hospitalized due to a work-related injury, the unit to which he belongs shall issue a hospital food subsidy according to 70% of the food subsidy standard for the business trip of the unit; Medical institutions issue certificates and report them to the agency for approval. If the injured workers go to the outside of the overall planning area for medical treatment, the required transportation, accommodation and expenses shall be reimbursed by the unit according to the standard of employees' business trip. In addition, due to the needs of daily life or employment, injured workers can install artificial limbs, orthotics, artificial eyes, dentures and wheelchairs and other auxiliary devices, and the required expenses are paid from the industrial injury insurance fund according to the standards stipulated by the state. The medical expenses for work-related injuries, disability allowance for first-class to fourth-class workers with work-related injuries, one-time disability allowance, living nursing expenses, funeral subsidies, pensions for dependent relatives, assistive devices, work-related injury rehabilitation expenses and labor ability appraisal fees of insured workers with work-related injuries shall be paid by the work-related injury insurance fund. The welfare of social security-unemployment insurance Unemployment insurance is a system enforced by the state through legislation, and funds are set up by the society to provide material assistance to workers who temporarily suspend their livelihood because of unemployment. All kinds of enterprises and their employees, institutions and their employees, social organizations and their employees, private non-enterprise units and their employees, and employees with whom state organs have established labor contracts shall apply for unemployment insurance. The unemployment insurance fund is mainly used to guarantee the basic livelihood of the unemployed. Urban enterprises, institutions, social organizations and private non-enterprise units pay unemployment insurance premiums at 2% of the total wages, and their employees pay unemployment insurance premiums at 1% of their wages. Units without fixed wages pay unemployment insurance premiums based on the average social wage in the last year in the overall planning area. The unit employs contract workers of farmers and herdsmen who do not pay unemployment insurance premiums. At present, the scope of employees participating in unemployment insurance in China includes: on-the-job employees; Full-time employees such as unpaid leave, long vacation, loan, and internal retirement; Laid-off workers entering the re-employment service center; Other employees who have established labor relations with their own units (including temporary workers and rural laborers who have established labor relations). Unemployed people in urban enterprises and institutions can enjoy unemployment insurance benefits if they meet the following conditions in accordance with relevant regulations: they participate in unemployment insurance according to regulations, and their units and themselves fulfill their payment obligations according to regulations 1 year; Secondly, they didn't stop their employment because of their own wishes, and they registered as unemployed and had job requirements. V benefits of social security-maternity insurance maternity insurance refers to the physical characteristics of fertility behavior. According to the law, when working women temporarily stop working and lose their normal source of income due to childbirth, the state or society provides them with material help. Maternity insurance benefits include maternity allowance and maternity medical services. The maternity insurance fund consists of the maternity insurance premium paid by the employer and its interest and overdue fine.

legal ground

Article 64 Social insurance funds include basic old-age insurance funds, basic medical insurance funds, industrial injury insurance funds, unemployment insurance funds and maternity insurance funds. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

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