Are social security and endowment insurance the same thing?

Legal analysis: First, endowment insurance and social security are not the same thing. Endowment insurance is included in social security and is a part of social security system. Social security is the abbreviation of social insurance. The main items of social security include basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance. The state establishes a social insurance system to guarantee citizens' right to get material help from the state and society in accordance with the law in old age, illness, work injury, unemployment and childbirth.

Second, 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-for-one pension insurance, the main purpose of the pension insurance excluding medical 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.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 63 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit. If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a deferred payment agreement. If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.