Is social insurance premium social security?

Legal analysis: social insurance is not social security. Social security is the abbreviation of social overall insurance, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Social security fund is a project that the government collects some fees in advance to solve the problems of unemployment, medical care and old-age care that may be faced in the future. Social security fund is the "reserve army" of pension. Once the latter has a gap, the social security fund will come up. They are not in the same industry.

Legal basis: Article 8 of the Regulations on the Administration of Reporting and Paying Social Insurance Fees in People's Republic of China (PRC) (hereinafter referred to as the Regulations) The employing unit shall register social insurance for its employees and report and pay social insurance fees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.