The use of social insurance funds

(1) Guarantee basic living. Protecting citizens' basic life is the premise of social stability and economic development, and it is also the core function of social security. It is not only the need of economic development and social stability, but also the important content of human rights protection and the embodiment of social progress for the state to establish a social security system that guarantees citizens' basic livelihood and relieves workers' worries. (2) Maintaining social stability. Implementing social security is conducive to narrowing the gap between the rich and the poor and improving the overall welfare of society. It is an important means for socialist countries to achieve the goal of common prosperity, thus fundamentally maintaining social stability. (3) Promote economic development. Social security can adjust the total social demand and stabilize economic fluctuations. Secondly, the long-term accumulation and investment operation of social security funds will help improve the capital market. Third, social security ensures that workers can maintain their basic livelihood and their family members when they lose their economic income or ability to work, and the process of labor reproduction will not be hindered or interrupted. (4) maintaining social equity. Social security is an important means to maintain social equity in market economy countries. (5) Improve national welfare. Provide more extensive allowances, infrastructure and public services for all members of society, so that people can fully enjoy the fruits of economic and social development as much as possible and continuously improve the quality of material and spiritual life.