What does social security mean? Brief introduction of social security.

1, social security is social insurance, which refers to a non-profit social security system with income redistribution function, in order to prevent and share social risks such as old age, unemployment, illness and death, realize social security, and force most members of society to participate.

2. Social insurance is 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. 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.

3. 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.