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With the continuous development of economy and the improvement of social progress, most countries in the world establish a more comprehensive social security system and continuously improve its functions. Improving social security system is one of the most important problems that China as a socialist country has to solve urgently at present and it is also a guarantee of building a harmonious socialist society. The social security system in the newly industrialized country, South Korea, especially deserves our attention. We should also see that due to the difference of the productivity level of development, financial and economic strength, population and resources the social security system behave divercitily some of the institutional framework and policy system of referential significance to us. This article thinks that if China can learn such experiences from South Korea as legislature first, avoiding a financial crisis, the focus on protection, making full use of the family security features, etc., then they can play a positive role in promoting the improvement of China's social security system.