What is the use of social insurance in Nanjing

Social insurance is an important aspect of modern social and economic life, and an important social policy, which is not only the right of workers to maintain a basic life, but also an obligation borne by the government, and plays an important role in safeguarding people's basic life, maintaining social stability and promoting economic development. Its role is mainly manifested in the following: it can guarantee the basic needs of people's lives, maintain social stability, and play the role of social "safety net" and "stabilizer".

The role of social insurance is reflected in the following aspects:

First, social insurance can play the role of social stabilizer. The old age, weakness, illness, disability, pregnancy and loss of labor capacity of the members of the society is an objective phenomenon that cannot be avoided in any era and under any social system. Social insurance is to give appropriate compensation to members of society when they encounter such situations in order to safeguard their basic living standards, thus preventing the emergence of unstable factors.

Secondly, social insurance is conducive to ensuring the smooth reproduction of social labor. Workers are bound to encounter various accidents in the course of their labor, which may cause the labor reproduction process to come to a halt. And social insurance is to give the necessary financial compensation and livelihood protection to the workers when they encounter the above risky accidents, so that the labor force can be restored.

Thirdly, social insurance is conducive to the realization of social justice. Due to the differences in people's cultural level and labor ability, it will cause the gap in income. Social insurance can raise the living standard of workers who have lower income or lost their source of income through compulsory levying of insurance premiums and gathering them into an insurance fund, thus realizing the fair distribution of society to a certain extent.

Fourth, social insurance is conducive to promoting social progress. Insurance has the characteristics of mutual assistance, social insurance better reflects the spirit of mutual cooperation, the same boat **** help.