What's the difference between social security card and endowment insurance?

The difference between social security card and endowment insurance;

(A) the meaning is different

Social security card includes endowment insurance, which is only a part of social security card.

Endowment insurance is an important part of social security system and one of the five most important social insurances.

Different functions

Social security cards have diversified functions, so cardholders can not only use the cards for real-time settlement of medical insurance personal accounts, but also handle endowment insurance affairs; Go through the formalities of job registration and unemployment registration; Apply for unemployment insurance; Apply for employment training; Apply for labor ability appraisal and enjoy work-related injury insurance benefits; Handling labor and social security affairs online.

Basic old-age insurance is one of the functions of social security card, and it 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.

(3) Different forms

Social security cards exist in the physical form of card faces. Both the card face and the card face record the basic information such as the cardholder's name, gender, and citizenship number. The card identifies the cardholder's personal identity (employment, unemployment, retirement, etc.). ), and can record the cardholder's social insurance payment, pension insurance personal account information, medical insurance personal account information, professional qualifications and skills, working experience, work-related injuries and occupational diseases.

Endowment insurance is only a social insurance system established by the state and society according to certain laws and regulations to solve the problem that workers reach the working age limit stipulated by the state to terminate their labor obligations or quit their jobs because of old age.

Old-age insurance can be inquired, recorded and paid by social security card, and related matters of old-age insurance can be handled.

Reference materials:

The role of social security card:

1. Personal social security related information records, electronic certificates and information inquiry, etc.

2. Record the insured's name, ID number, date of birth, gender, nationality, residence and other basic information;

3 query my pension, unemployment, medical care, work injury and maternity insurance payment;

4. You can take the card to the hospital to see a doctor, settle the medical insurance personal account, and buy medicine at the pharmacy;

5 for medical care, unemployment, pension, work injury, maternity and other social security affairs;

6. Query the accumulated amount of endowment insurance and medical insurance; ?

7. Handle social security affairs such as receiving pensions, registering for job hunting and unemployment, applying for unemployment insurance benefits, and vocational training.

8. Used for identification.

Reference source: Baidu Encyclopedia-Social Security Card of the People's Republic of China

Baidu encyclopedia-endowment insurance