The difference between overall endowment insurance and social security

The scope, handling entity, years and accumulated amount are different.

1, different ranges

(1) The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

(2) Endowment insurance includes enterprise annuity and commercial endowment insurance of insurance companies. Generally speaking, endowment insurance refers to the endowment insurance in social security, that is, basic endowment insurance.

2. Different processing entities

(1) According to China's national regulations, the employer must pay all the contributions in proportion to the employee's income. Among them, pension insurance, medical insurance and unemployment insurance are paid by employers and employees in proportion, while work injury and maternity insurance are paid by employers, and employees do not need to pay.

(2) Individuals can only purchase endowment insurance and medical insurance as flexible employees.

3. The fixed number of years and accumulated amount are different.

(1) Endowment insurance and medical insurance in social security include pooling account and individual account, in which individual account can accumulate amount and payment period. After the pension insurance payment reaches 15 years, employees can receive the pension insurance on a monthly basis after retirement.

(2) If it is a commercial endowment insurance in the endowment insurance purchased by individuals, the accumulated amount and payment period are not allowed. After paying a certain premium, the insured of commercial endowment insurance can start to receive pension from a certain age.

legal ground

People's Republic of China (PRC) labor law (revised on 20 18).

Article 70 The state develops social insurance undertakings and establishes social insurance systems and social insurance funds, so that workers can get help and compensation in old age, illness, work injury, unemployment and childbirth.

Article 71 The level of social insurance should be compatible with the level of social and economic development and social affordability.

Magic Weapon Association: 395 judicial cases, 3 journals, 3 special references, and 2 intelligent discoveries.

Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

Article 73 Laborers shall enjoy social insurance benefits according to law under the following circumstances:

(1) Retirement;

(2) Being sick or injured;

(3) Being disabled at work or suffering from occupational diseases;

(4) unemployment;

(5) bearing.

After the death of an employee, his survivors shall enjoy the survivors' allowance according to law.

The conditions and standards for workers to enjoy social insurance benefits shall be stipulated by laws and regulations.

Social insurance premiums enjoyed by workers must be paid in full and on time.