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How to combine agricultural insurance and social security?
The new rural social endowment insurance (hereinafter referred to as the new rural endowment insurance) is a social endowment insurance system organized and implemented by the government, aiming at ensuring the basic livelihood of rural residents in their old age, and establishing a financing model combining individual contributions, collective subsidies and government subsidies. Pension benefits are combined by social pooling and individual accounts, and matched with other social security policies and measures, such as family pension, land security and social assistance. It is an important part of the national social insurance system.
Social insurance refers to a non-profit social security system with income redistribution function, which is used by the state to prevent and force most social members to participate.
Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.
The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.
The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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