Abstract
Social security is an institutional arrangement under which the government adopts legal and institutional means to raise social security funds for meeting the basic living needs of members of the society by providing necessary assistance and protection to members of the society when they become aged, disabled, unemployed, when they fall ill, give birth, suffer disasters and live a difficult life. Its basic function lies in safeguarding the citizens’ right to live and thus providing basic conditions for realizing everyone’s right to develop. The medical security system and the social assistance system are established; vocational training is conducted for the unemployed, etc. to safeguard the people’s right to develop and expand their developmental space. Social security is not only an economic system but also a social system, and it is the basic construction of a society. It is not only a kind of economic assistance but also a kind of social compensation, social care and social assistance.
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