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Is social security primary distribution or redistribution?
2. The collection of redistribution and multiple distribution, mainly redistribution.
3. When retiring, the level of endowment insurance depends on the nature of the individual's work, the payment period and the payment amount, which is the initial distribution.
4. When formulating policies to raise the pension standard, the state should consider the actual living conditions of the elderly, and no longer adjust the pension according to the nature of the individual's work, the years of payment and the amount of payment, which belongs to redistribution.
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 receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.
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