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

There are three differences between social security and endowment insurance, namely:

1, social security refers to five kinds of insurance, such as endowment insurance, medical insurance and maternity insurance. , is the abbreviation of social insurance. Endowment insurance refers to the insurance established to solve the problem when workers reach the age of lifting their labor obligations;

2. Endowment insurance is one of the five types of social insurance, and social insurance includes endowment insurance;

Social security can not only guarantee the basic life after old age, but also guarantee others. Old-age insurance only guarantees the basic life after old age.

People's Republic of China (PRC) social insurance law

Article 10

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.