What is the function of Shanghai social security?

Shanghai's public security is very good at present, mainly for several purposes:

1. Shanghai social security is social security, and it is also a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons.

Second, 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.

Third, Shanghai's social security, including the national social security, is a redistribution system, and its goal is to ensure the reproduction of materials and labor and social stability.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.