What do the three insurances in social security mean?

The three insurances in social security refer to endowment insurance, medical insurance and unemployment insurance, which are the basic types of insurance in China's current social insurance system. Among them, old-age insurance is to ensure the life of employees after normal retirement, medical insurance is to support the medical expenses incurred by employees due to illness or accidental injury, and unemployment insurance is to ensure the basic living expenses of employees during unemployment.

Paying the three insurances in social security can protect the rights and interests of employees, and it is also an obligation stipulated by law. After paying social security, employees can enjoy pension, medical care, unemployment and other protection when they meet the relevant conditions. At the same time, paying social security can also strengthen personal safety awareness and risk awareness, and improve their own security capabilities.

It is very important to pay social security correctly, but we also need to pay attention to some problems. First of all, we must carefully understand our social security payment situation and plan, pay the corresponding fees according to the regulations, and check the payment records regularly. Secondly, we should know and apply for social security benefits in time, such as pension and medical insurance reimbursement. Finally, we should plan our life after retirement reasonably according to our actual situation, and do a good job in personal financial planning from the aspects of old-age care and social medical security.