Is the pension social security?

Legal analysis: the difference lies in: different concepts, different contents and different purposes.

1. Different concepts: Old-age insurance refers to a kind of social insurance established by the state and society according to laws and regulations to solve the basic livelihood of workers after they reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. Social security is the abbreviation of social insurance, which refers to five kinds of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance.

2. Different contents: Although social security includes endowment insurance, it is not limited to endowment insurance, which is only one of the five types of social insurance. Old-age insurance only provides old-age security. If you only pay one-off pension insurance, it does not include medical insurance.

3. Different purposes: The main purpose of endowment insurance is to ensure the basic life after old age. Buying social security can not only guarantee the basic life after old age, but also provide medical insurance to ensure the basic life during unemployment and work-related injuries.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.