What's the use of buying social security?

1. The sense of security of the elderly. The ultimate goal of paying old-age insurance is to receive a monthly pension after retirement to protect our basic needs in our later years. With the growth of age, physical strength can't keep up, and it is not suitable for continuing to work. At this time, the source of income was lost. If you can get a pension every month, you can generally guarantee the basic expenses every month.

2. Provide life needs and life support. In addition to old-age insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance provide us with the most basic protection. Among them, medical insurance can be said that when we are hospitalized, we will reimburse certain medical expenses and reduce the burden. Maternity insurance can be used to reimburse maternity expenses and receive maternity allowance. Unemployment insurance can provide basic living needs when you are unemployed. Industrial injury insurance can provide industrial injury subsidies and industrial injury death subsidies.

3. Take care of your own affairs. In some first-tier cities, social security is related to the qualifications of buying a house, settling down and buying a car.

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are 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.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

Social security function:

1. The function of stabilizing social life;

2. The function of redistribution;

3. The function of promoting social and economic development: First, the social insurance system plays an important role as an important tool for 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.