Job Recruitment Website - Social security inquiry - Is the endowment insurance of Hunan tax social security social security?

Is the endowment insurance of Hunan tax social security social security?

The endowment insurance in Hunan's tax social security is social security.

According to the query related display information, endowment insurance belongs to a kind of social security, that is, endowment insurance is also social security. Social security is a social insurance system introduced by the state to protect the basic rights and interests of employees and social equity.

According to the relevant regulations of the state, about 8% of the total wages of employees should be paid into the social endowment insurance account every month. Workers who reach retirement age can receive pensions from the endowment insurance fund according to regulations.