Is the social security card the same as the old age card?

Endowment insurance and social security card are different, and there are three differences between them:

First of all, the essence of the two is different:

1. The essence of endowment insurance: Endowment insurance is an important part of social security system and one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life.

2. Essence of Social Security Card: The Social Security Card of the People's Republic of China is an integrated circuit card that is uniformly planned by Ministry of Human Resources and Social Security and issued by local human resources and social security departments, and used in various business fields of human resources and social security.

Second, their basic functions are different:

1, the basic functions of endowment insurance:

(1) is conducive to ensuring the reproduction of the labor force: the establishment of the old-age insurance system is conducive to the normal intergenerational replacement of the labor force, the retirement of the elderly, the successful employment of the newly increased labor force, and the rationalization of the employment structure.

(2) Conducive to social security and stability: Old-age insurance provides basic living security for the elderly and makes them feel safe. With the arrival of the aging population, the proportion of the elderly population is increasing and the number is increasing. Old-age insurance guarantees the basic life of elderly workers, which is equivalent to ensuring the basic life of a considerable number of people in society.

For on-the-job employees, participating in endowment insurance means that they have expectations for their future old-age life and are free from worries. In terms of social mentality, more people are stable and less impetuous, which is conducive to social stability.

(3) It is conducive to promoting economic development: many countries design the old-age insurance system to link fairness with efficiency, especially the partially accumulated and completely accumulated pension fund raising model. The amount of pension received by workers after retirement is directly related to their wage income and payment during their on-the-job work, which can undoubtedly stimulate workers to work actively during their on-the-job work and improve efficiency.

2, the basic role of social security card:

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

(2) Record the name, ID number, date of birth, gender, nationality, residence and other basic information of the insured.

(3) Inquire about my pension, unemployment, medical care, work injury and maternity insurance payment.

(4) You can take this card to the hospital for medical treatment, settle the personal account of medical insurance, and buy medicine at the pharmacy.

(five) to handle medical care, unemployment, pension, work injury, maternity and other social security affairs.

(6) Query the accumulated amount of endowment insurance and medical insurance.

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

(8) Used for identification.

Third, the two types are different:

1, types of endowment insurance:

According to the types of cardholders, social security cards can be divided into two categories, namely, social security cards issued to urban workers, unemployed people and retirees and social security cards issued to employers.

The card planning and standardization of the Ministry of Labor and Social Security in China is mainly based on social security cards, and the actual distribution in various regions is also based on personal cards, so the social security cards we refer to are social security cards.

2. Types of social security cards:

(1) savings endowment insurance. Some emerging market economies, such as Singapore, Chile and other countries, implement a savings-based pension insurance system, emphasize the principle of self-protection, implement a fully accumulated fund model, and establish different types of individual pension insurance accounts or "provident fund" accounts.

(2) National endowment insurance. In the past, most planned economy countries, represented by the Soviet Union and Eastern European countries, had implemented the national old-age insurance system. In accordance with the principle of "state's unified contracting and support", the employer pays the fees, the state organizes and implements them in a unified way, the workers participate in the management, the treatment standards are unified, and the level of protection is high.

(3) Traditional endowment insurance. The traditional old-age insurance, represented by developed market economy countries such as the United States, Germany and France, implements the principle of "selectivity", that is, it does not cover all citizens, but selects some social members to participate, emphasizing that the treatment is related to wage income and payment (tax), so it can also be called "income-related old-age insurance".

(4) Welfare endowment insurance. Welfare pension insurance is represented by developed market economy countries such as Britain, Australia, Canada and Japan, and the principle of GSP is implemented. The basic old-age insurance covers all citizens and emphasizes that all citizens have annuities, so it is called "welfare" or "GSP" old-age insurance.

(5) Mixed endowment insurance. Most countries that used to implement welfare pension insurance have now or are in the process of transition to a mixed system. That is, welfare pension insurance and income-related pension insurance coexist at the same time, which together constitute the first pillar of basic pension insurance. This is the case in Britain and Canada.

Baidu encyclopedia-endowment insurance

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