What is pension insurance and is pension insurance social security?

The relationship between social security and pension insurance is one of inclusion and inclusion, and social security includes pension insurance.

I. Social security:The full name is social insurance. It generally includes five components: pension insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance.

Two, pension insurance:See above, it is one of the social security inside just one of the insurance, is to prevent people in their old age miserable.

Pension insurance cannot be purchased separately.

When a person has been enrolled in social security for 15 years, the person retires and he can enjoy the benefits of pension insurance.

Extended information:

Social insurance:

Social insurance is a kind of social insurance for people who are incapacitated for work, have temporary loss of labor or loss due to health reasons, a social and economic system that provides income or compensation to the population. The main programs of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance, and maternity insurance.

Social insurance scheme is organized by the government, which forces a certain group of people to form a social insurance fund by paying a part of their income as social insurance tax (fee), and the insured can get a fixed income or compensation for loss from the fund if certain conditions are met, it is a redistributive system, and its goal is to ensure the reproduction of material and labor force and the stability of the society.

Pension Insurance:

Pension insurance, the full name of the basic social pension insurance, is a social insurance system established by the state and the society according to certain laws and regulations to solve the basic life of the workers after they reach the limit of the working age stipulated by the state for the discharge of the labor obligations, or quit the labor position due to the loss of the working ability in old age.

Pension insurance is an important part of the social security system and is one of the most important of the five major types of social insurance. The purpose of old-age insurance is to protect the basic living needs of the elderly and provide them with a stable and reliable source of livelihood.

References:

Social Insurance Baidu Encyclopedia? Baidu Encyclopedia of Pension Insurance