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The difference between formal workers and contract workers in social security
(2) Contract workers are employees of enterprises and units after the reform of employment system, which means breaking the "iron rice bowl" from the original state-owned enterprises and collective enterprises.
(3) After the reform of the employment system, all the workers are contract workers. So there is no difference in retirement, the difference is only the payment period.
(4) The longer you participate in social endowment insurance, the more retirement pensions you have.
Legal basis: Article 7 Establishment of Labor Relations of People's Republic of China (PRC) Labor Contract Law * * * The employing unit establishes labor relations with laborers from the date of employment. The employing unit shall establish a roster of employees for future reference.
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