Is social security card the same as endowment insurance?

Social security card is different from endowment insurance.

Social insurance is compulsory by the state, and all units and individuals must participate. In this regard, "Labor Law" Article 72 "Social insurance funds shall determine the source of funds according to the types of insurance, and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law. " It is illegal for an employer not to pay social insurance for workers in accordance with state regulations, and its direct consequence is to infringe upon the legitimate rights and interests of workers.

Endowment insurance is a social insurance system established by the state according to relevant laws and regulations, to ensure the basic life of workers after reaching the working age limit stipulated by the state, terminating their labor obligations or quitting their jobs because of old age. Payment 15 years, employees can receive pension insurance monthly after retirement. In addition to providing old-age security, social security also includes medical security, maternity security, unemployment security and industrial injury security.

Extended data:

Conditions for handling social security cards

Those who meet the application conditions can make an appointment by telephone at the application outlets or apply for social security cards (including student ID cards) directly at the street (town) social security card application service outlets. When applying, you need to bring your ID card, household registration book, application form (citizens with collective household registration need to bring the household registration certificate issued by the local police station or police station) and other related materials.

. The phone number is 12333.

Conditions for applying for endowment insurance

Workers must meet three conditions to receive the basic pension every month:

Have reached the statutory retirement age and gone through the retirement formalities;

The units and individuals to participate in the old-age insurance according to law, to fulfill the obligation to pay the old-age insurance premium;

Personal payment is at least 15 years (the payment period in the transition period includes the deemed payment period). Today, the legal retirement age of enterprise employees in China is: male employees are 60 years old; Female employees engaged in management and scientific research are 55 years old; Female employees engaged in production and auxiliary work are over 50 years old, and female freelancers and individual industrial and commercial households are over 55 years old;

Basic pension =

The average monthly salary of employees in the whole province last year (1+ my average payment index) ÷2× payment period ×1%;

Personal account pension = personal account storage amount ÷ personal account pension calculation and payment months;

The sum of the above two items A+B is the monthly amount.

Reference source: Sogou Encyclopedia-Social Security Card

Reference source: Sogou Encyclopedia-Endowment Insurance