What Is Social Security Income?

It is different from personal income distribution according to work, distribution by capital assets, and distribution according to business. It is a non-market distribution method and is a distribution that is mainly implemented by the political and economic power of the country and society income.

Social security income

Right!

It has to do with personal income

Social security income is a distribution income source formed by the state and society in order to ensure the basic living needs of each citizen by participating in the redistribution process of national income.

(1) Social insurance

It is the core part of social security income. It refers to the state's legislative form, which is jointly funded by workers, workers' units or communities and governments to help workers and their relatives or survivors in the event of injury, death, or illness. A social security income system that prevents income interruption, reduction, or loss in order to prevent income interruptions, reductions, or losses in the event of wind obstacles such as old age, unemployment, and childbirth. It is organized by the state and has the characteristics of universality, compulsoryness, mutual aid, savings and compensation, including labor, unemployment, unemployment, medical care, old-age insurance and so on.

Social insurance and financial insurance are two concepts that are both strictly different and closely related. The difference between the two is:

(1) The scope of legislation is different. The former appears in the form of social legislation and is compulsory; the latter is based on the principle of freedom of contract and is very arbitrary.

(2) The basic attributes are different. The former is implemented in accordance with the principle of reciprocity of labor rights and obligations, which is welfare; the latter is a commercial activity for the purpose of profit.

(3) The sources of funds are different. The former funds come from individuals, enterprises and state financial subsidies; the latter's insurance funds are all swept down by policyholders.

(4) The objects and functions are different. The object of the former is all social workers, whose function is to protect their basic living needs when they are old, sick, injured, disabled, and unemployed; while the object of the latter is only the insured, and the protected people can find out according to different stages of their lives Insurance against diseases such as illness, property, and value, as appropriate, in order to obtain certain financial compensation in the event of an accident. The connection between the two is that they both have the attributes and functions of economic security, and financial insurance is a necessary supplement to social insurance.

(II) Social welfare

It refers to the social income of the country or society within the scope of laws and policies, in the fields of residential housing, public health, environmental protection, and basic education. Various social welfare undertakings organized by social organizations. An important feature of social welfare income is that the benefits enjoyed by people are not directly obtained from personal work remuneration, but through some organized social channels. Different welfare systems are directly reflected in the state's level of productive force development and the degree of perfection of production relations within a certain period of time.

China's social welfare undertakings include three aspects: First, public welfare targeted at all members of society, such as various public welfare facilities and service activities in cities. The second is the welfare of state employees, such as various welfare subsidies. The third is the special welfare for members of social difficulties such as orphan, old, disabled and young.

(3) Social relief

It refers to the material help and financial assistance provided to the victims of natural disasters and other unfortunate accidents and the poor families living in poverty that are not caused by subjective factors. At present, there are two ways to define living poverty in China. One is based on the demarcation of old, young, and underdeveloped areas across the country. That is, a region with a per capita income below 150-200 yuan is a poor area. One is the poor households whose income is insufficient to maintain a minimum survival. Therefore, our country's social relief includes two types, one is regular relief for the poor members of society who have been unable to solve and live in difficulties for a long time; the second is temporary relief for social members who have suffered accidents.

(D) Social preferential treatment

It is a special type of social security income distribution. It refers to the subsidies provided by the state and society in accordance with regulations to legally favored objects, such as active servicemen and their families, retired and veterans, and martyrs, to ensure a certain standard of living. Peace service is a special system with praise, preferential treatment and pension. Its income has the characteristics of compensation, relief, insurance and welfare.

It can be seen that social security income plays a role in protecting people's racial reproduction and social labor reproduction in the social life and social development process; it plays a role in promoting economic consolidation and development; it plays a role in regulating the social psychological structure and coordinating the various This interest relationship promotes the function of stability and unity and long-term stability of the country.