Characteristics and evaluation of China's traditional state unit security system

Features: low degree of socialization and lack of coverage; high degree of overlap between employment and security; corporatization of social security; heavy dependence on the traditional economic system; social security basically manifests itself as a purely state security; the management system of multiple government departments; and non-monetization of social security implementation.

Social security system is to raise funds through collective insurance, individual insurance, state subsidies, compulsory savings, the state to provide assistance to those whose standard of living does not meet the minimum standard, to provide basic livelihood security for those who are temporarily or permanently incapable of working, and to gradually promote the material and cultural welfare of all members of society, maintain social stability, and promote economic growth and social progress.

Expanded Information:

The role of the social security system is to protect the basic survival and living needs of all members of society, especially to protect the special needs of the citizens in old age, illness, disability, unemployment, childbirth, death, disaster, and facing difficulties in life.

Realized by the state through national income distribution and redistribution. By social welfare, social insurance, social assistance, social welfare and resettlement and other different nature, role and form of social security system constitute the whole social security system. The modern State must formulate legal norms of social security to ensure that the social security system is truly implemented.

Baidu Encyclopedia - Social Security System