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Can social security only pay endowment insurance?
1. If the parties are individual industrial and commercial households or flexible employees, they can participate in the endowment insurance and medical insurance in social security in their own name (for the other three insurances, individuals can only participate in endowment insurance);
2. Personal insurance: bring the ID card, household registration book and business license of individual industrial and commercial households of the parties, go to the local social security department to apply for insurance, and go through relevant procedures according to the tips of the staff.
I. The Social Insurance Law of People's Republic of China (PRC) stipulates that:
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.
Second, social insurance:
1 refers to a non-profit social security system with income redistribution function, which is to prevent and share social risks such as old age, unemployment, illness and death, realize social security, and force most members of society to participate;
2. It is a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons;
3. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund;
4. Under certain conditions, the insured can get fixed income or loss compensation from the fund, which is a redistribution system;
The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.
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