What's the use of social security?

Functions and functions of social insurance

1. The function of stabilizing social life

2. The function of redistribution

3. Function of promoting social and economic development:

First of all, the social insurance system plays an important role as an important tool of demand management, thus playing an active role in the economy;

Second, the effective use of social insurance funds can promote the sustained prosperity of the economy;

Third, social security has become the basic condition for enterprises to recruit talents.

In reality, the more developed areas, the more employees pay attention to social security. Especially in first-tier cities, social security has become an important criterion for finding a job because it is linked to the qualification of buying a house and a car.