What's the difference between one old and one small insurance and social security?

The difference between one old and one small insurance and social security is as follows:

1. Social security includes employee medical insurance and employee endowment insurance, among which social endowment insurance includes urban employee endowment insurance, urban resident endowment insurance and new rural endowment insurance. Anyone who has reached the age of 16 -60 can participate in any old-age insurance and cannot participate repeatedly;

2. One-old-one-small insurance is a kind of insurance similar to social medical insurance, which is aimed at people who are not in agricultural registered permanent residence and have no jobs. However, after policy rectification, ordinary urban hukou can now participate in urban residents' medical insurance. Generally, only those who have passed the retirement age but have no medical insurance and social security benefits can participate in this insurance.

The cost of this "one old and one small" policy in Beijing is not very high. Old people in cities and towns only need 340 yuan each year, and children only need 325 yuan each year. The threshold for reimbursement of serious illness medical insurance for urban elderly is 1300 yuan. If the medical expenses used exceed this amount, 60% will be reimbursed, and the remaining 40% will be borne by itself.

legal ground

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

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees.

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. Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively. Thirteenth employees of state-owned enterprises and institutions to participate in the basic old-age insurance, the basic old-age insurance premium should be paid by the government during the payment period.

When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.