Can Bayuquan land-lost insurance be converted into social security?

According to the official announcement of the Social Security Bureau, the insurance of landless farmers can be transferred to social security. Social security generally refers to social insurance, which is a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons. Farmers lose their land, which means they lose their jobs, so they can move.

Old-age insurance for landless farmers means that after farmers lose their land, their income sources are unstable. However, the existing social endowment insurance for urban workers can not consider and bear the old-age security for landless farmers. In order to protect the rights and interests of land-lost farmers, the endowment insurance system for land-lost farmers has been introduced all over China.