The difference between rural endowment insurance and social security

Legal analysis: 1, different definitions:

(1) Rural old-age insurance is a system in which the state or the government is the main body, and according to the law, citizens are given material help when they temporarily or permanently lose their ability to work and have difficulties in life for various reasons, so as to ensure their basic livelihood.

(2) Social security is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

2, the composition is different:

(1) Social security consists of social insurance, social relief, social welfare, special care and placement, and social mutual assistance. Among them, social insurance is the core of social security.

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

3, the content is different

Although social security includes endowment insurance, it is not limited to endowment insurance, which is only one of the five types of social insurance. Old-age insurance only provides old-age security. If you only pay one-off pension insurance, it does not include medical insurance.

4. Different purposes

The main purpose of rural endowment insurance is to ensure the basic life after old age. Buying social security can not only guarantee the basic life after old age, but also provide medical insurance to ensure the basic life during unemployment and work-related injuries.

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

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.