Can social security not pay endowment insurance?

Social insurance is the most important part of the social security system. Therefore, when discussing the history of social insurance, social insurance cannot be separated from social security.

Social insurance refers to the system that the state establishes a social insurance fund through legislation to give necessary special help to workers who participate in labor relations when they lose their ability to work or are unemployed. Social insurance is not for profit.

Social insurance is mainly through raising social insurance funds, implementing the overall adjustment of social insurance funds within a certain range, and giving necessary help to workers when they encounter labor risks. Social insurance provides basic living security for workers, as long as they meet the conditions for enjoying social insurance.

That is, those who establish labor relations with employers or collect various social insurance premiums according to regulations can enjoy social insurance benefits. Social insurance is the core content of social security system.