Is enterprise basic endowment insurance social security?

Basic old-age insurance is not social security, social security: the full name is social insurance. Generally, it includes five parts: endowment insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance. Old-age insurance is only a kind of social security, and it is an insurance to prevent people's bleak life in their later years. Endowment insurance cannot be purchased separately.

Second, the concept of social insurance.

1. Social insurance is the most important part of the social security system. Therefore, when discussing the history of social insurance, social insurance cannot be separated from social security.

2. Social insurance refers to the system that the state establishes a social insurance fund through legislation to give necessary material help to workers who participate in labor relations when they lose their ability to work or are unemployed. Social insurance is not for profit.

Social insurance is mainly through raising social insurance funds, coordinating and adjusting social insurance funds within a certain range, and giving necessary help to workers when they encounter labor risks. Social insurance provides basic living security for workers. Workers can enjoy social insurance benefits as long as they meet the conditions for enjoying social insurance, that is, they have established labor relations with employers or paid various social insurance premiums according to regulations. Social insurance is the core content of social security system.

Three, how to determine the proportion of individual pension insurance?

The proportion of individual contributions to old-age insurance is generally subject to the provisions of the social security department, with the actual salary as the payment base.

1, enterprise contribution = 20% of the approved total wages of enterprise employees; Individual contributions of employees = approved payment base ×8% (currently 8%).

2, individual workers (including individual industrial and commercial households and freelancers) payment = approved payment base x18%.

The proportion of individual contributions to old-age insurance is generally subject to the provisions of the social security department, with the actual salary as the payment base.

Legal basis: Article 10 of the Social Insurance Law of People's Republic of China (PRC).

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly 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. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.