Job Recruitment Website - Social security inquiry - What does the national social security fund portfolio mean?
What does the national social security fund portfolio mean?
Brief introduction of social security fund
Social security fund refers to the social security fund. Generally speaking, social security funds mainly include unemployment, industry and commerce, medical care and maternity insurance. The social security fund is unified and compulsory by the state and paid by both employers and employees. Therefore, the social security fund is mandatory. Employers pay five insurances for employees. Employees who reach the statutory retirement age and meet the conditions shall be collected by the employees themselves, and the unit cannot withdraw them. The main source of social security fund is also the insured person's contribution according to a certain proportion of the average monthly salary, the employer's contribution according to a certain proportion of the total wages of employees, and the government's financial subsidy to the social security fund.
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