Insurance blog

What Are Characteristics Of The Social Old-Age Insurance ?

 


 Social old-age insurance is more common around the world to implement a social insurance system, and generally has the following characteristics:
 
1. By national legislation, enforcement, business units and individuals must participate in line with the conditions of old age people can be made to the social insurance Department of pensioners.
2. the source of the social pension insurance fund, generally by the State, units and individuals tripartite or units and individuals of common burden, and to achieve a wide range of social mutual economic.
3. Because of its social nature, a great influence on and many people enjoy a longer time, substantial cost, it must be the establishment of specialized agencies, the implementation of modernization, specialization, socialization unified planning and management.

 
 

 
 
 


 

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