What is the use of three-level social security?

Legal analysis: the third social security is 60% of the average salary of employees. Social insurance base, referred to as social insurance base, refers to the social insurance payment base of employees in a social security year. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year.

Legal basis: Article 43 of the People's Republic of China (PRC) Community Correction Law stipulates that the community correction object may apply for social assistance, participate in social insurance and obtain legal aid in accordance with the relevant provisions of the state, and the community correction institution shall give necessary help.

People's Republic of China (PRC) Social Insurance Law Article 1 This Law is formulated in accordance with the Constitution for the purpose of regulating social insurance relations, safeguarding citizens' legitimate rights and interests in participating in social insurance and enjoying social insurance benefits, enabling citizens to enjoy the fruits of development and promoting social harmony and stability.