Compulsory state social insurance and its principles

Abstract

The state nature of social insurance does not mean that budget financing should be the main source of social security spending, it can only mean the obligation of this mechanism: the obligation to pay insurance contributions, the obligation to apply the grounds, the conditions of social security and legal liability. State insurance guarantees the necessary standard of living, its source being, first and foremost, the mandatory contributions of workers and employers, that is, as noted above, it is a system of rights, duties and guarantees that provides social protection (includes the financial support of citizens in the statutory provisions cases)