What is social security? What is the relationship between social security and retirement?

Social security is what we call five insurances, namely, industrial injury insurance, unemployment insurance, maternity insurance, old-age insurance and medical insurance. Regular companies will pay social security for employees. The company will pay most of the expenses and the employees will pay a small part. Among them, endowment insurance and medical insurance are more important and expensive. Among them, pension insurance has a great relationship with retirement, so that employees can receive pensions after retirement, which can make their old age happier and have a lot of money to spend. Medical insurance allows employees to be reimbursed for seeing a doctor, reducing the money for seeing a doctor.

Many people don't understand social security and think that social security is a kind of insurance, and they can buy it or not. This understanding is actually quite wrong. Even if there is no company to pay social security for you, you have to buy endowment insurance and medical insurance yourself to enjoy the corresponding welfare benefits. Among them, everyone needs to pay the old-age insurance, even those who have no job need to let their children pay, so that they can receive the pension after 60 years old. A few hundred dollars a month, you can get more money in a year, and you can get back the money you paid before. Medical insurance allows the elderly to go to designated hospitals for reimbursement. After all, the elderly are weak and particularly prone to illness.

Social security and retirement are also directly related. If you didn't pay social security, there might not be a retirement problem. Because regular employees have social security, they also need to retire when they reach the age limit. The longer the social security payment time is, the more the amount is, and the more the pension is received. Even if he dies before receiving enough, the Social Security Bureau will give funeral expenses and subsidies to the employees' families. Therefore, employees must pay attention to social security, and freelancers can also pay social security and go to the Social Security Bureau to handle related business.

If there is no social security, life in old age will be more difficult, children must provide for the elderly, and they have no pension.