What are the social security funds?

Social security fund consists of social security fund and social insurance fund.

"Social Security Fund" is a simplified generic term with five concepts.

One is the "social insurance fund";

The second is the "social pooling fund";

Third, the personal account fund in the basic old-age insurance system is called "personal account fund"; Fourth, the supplementary guarantee funds of enterprises include the supplementary endowment insurance fund of enterprises (also called "enterprise annuity") and supplementary medical insurance of enterprises;

Fifth, the national social security fund.