What is the difference between social endowment insurance and employee endowment insurance?

First, the objects to be protected are different. Social endowment insurance is oriented to the society, and employee endowment insurance is oriented to employees.

Second, mandatory differences. Social endowment insurance is voluntary for everyone, while employee endowment insurance is compulsory according to national laws, so employers, employers and employees, including individual workers, must pay fees according to regulations.

Third, personal expenses will be different. Although employees' old-age insurance should be paid by individuals, the main part is paid by employers. If they participate in social insurance, most of the expenses should be paid by themselves.