Austrian Social Insurance is a system designed to provide financial support and health care to residents of Austria. It covers various aspects, including health insurance, pension schemes, and unemployment benefits. The system is funded through contributions from both employees and employers, ensuring that individuals have access to essential services throughout their lives. The Austrian Social Insurance system is organized into different branches, each focusing on specific needs. For example, the Austrian Health Insurance Fund manages health-related services, while the Austrian Pension Insurance oversees retirement benefits. This comprehensive approach aims to promote social security and well-being for all citizens.