What is the difference between machine insurance to social security

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The "five guarantees in one" has become an inevitable trend. Some places have encountered some difficulties in the process of transferring pension insurance for institutions and organizations (referred to as machine insurance) to social pension insurance (referred to as social security): due to local financial difficulties, the part of the financial subsidy has not been paid into the Social Security Bureau for a long time, and now it is difficult to ask units and individuals to make up for this huge cost to the Social Security Bureau.

Interest rates are different of course not, unless the retroactive payment of fees