Is the basic endowment insurance for employees social security?

Basic old-age insurance is not social security. 1. Different concepts: Old-age insurance refers to a kind of social insurance established by the state and society according to laws and regulations to solve the basic livelihood of workers after they reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. Social security is the abbreviation of social insurance, which refers to five kinds of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance. 2. Different contents: 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. 3. Different purposes: The main purpose of 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. Article 7 of the Social Insurance Law The administrative department of social insurance in the State Council is responsible for the management of social insurance throughout the country, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties.