The difference between social pooling and social security

The basic old-age insurance is a social security system enforced by national legislation. Its purpose is to ensure that workers get material help from the state and society after retirement and guarantee their basic needs. It is a compulsory, public welfare and non-profit social insurance.

Social security is the abbreviation of social overall insurance, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The difference between social security and endowment insurance is that endowment insurance is a kind of social security.

Social overall planning refers to the unified planning of the collection, management and use of endowment insurance funds within a certain range. The overall planning area is responsible for the balance of the endowment insurance fund in this area, and the balance is mainly dominated and used by this overall planning area. The gap generally needs to be filled by the government and finance at the same level.

Generally speaking, the old-age insurance means that the individual can get the pension after paying 15 years, the employee's old-age insurance paid by the unit can only get it after formal retirement, and the national old-age insurance bought by the individual can only get it after 60 years old.

Social insurance is compulsory by the state, and all units and individuals must participate.

"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.

Difference:

First of all, the basic attributes are different:

The former is administrative compulsory social security and belongs to the nature of social welfare; The latter is the business activities of financial enterprises, and insurance is a voluntary insurance institution with the purpose of making profits, which is an equivalent exchange relationship with the insured;

Second, the objects and functions are different:

The former is aimed at social workers and their families, who get basic living security when they are born, old, sick, disabled, injured and unemployed; The latter takes anyone's life, body and property as the object, and distinguishes different accidents that may occur in different stages of life, different parts of body and property, so as to obtain certain economic compensation when accidents occur;

Third, the reciprocal relationship between rights and obligations is different:

The insurance benefits of the former mainly come from the accumulation of labor achievements when workers work. Workers have made contributions to society by engaging in social work and paid a small amount of social insurance benefits, thus gaining the right to enjoy social insurance benefits and establishing the relationship between rights and obligations; The latter's insurance premium comes from personal income (including property income), and the amount received depends on the insured amount, and the rights and obligations are equal in monetary relations;

Fourth, the scope of legislation is different:

The former belongs to the category of social legislation; The latter belongs to the category of economic legislation; Fifth, the management system is different. The former belongs to the administrative leadership system; The latter belongs to the financial system.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.