Are pension and social security the same thing?

Pension and social security are not the same thing.

Pension and social insurance are two concepts related to providing for the aged, and they have certain connections and differences. Pension refers to the funds accumulated by individuals after retirement by paying a certain amount of endowment insurance premium, which is used to obtain certain economic security after retirement. Social insurance refers to the system established by the state or social organizations to protect citizens' basic life and social welfare, including endowment insurance, medical insurance and unemployment insurance. Pension is a form of social insurance and an integral part of the social insurance system. Pensions are mainly formed through individual contributions and subsidies from the state or social organizations, while social insurance is realized through the contributions of all the insured. Pension is an economic treatment that individuals get directly after retirement, while social insurance is a system guarantee, covering a wider range of insurance. Therefore, pension and social insurance are both related and different. Pension is a part of social insurance system, and it is a kind of economic treatment to achieve social security goals.

Materials required for handling social security cards:

1. Fill in a complete application form for the issuance and registration of social security cards;

2. Preparation for the issuance of social security cards;

3. Application fields and card application file structures that meet the requirements of national unified specifications (including partially expanded application fields and indicators);

4. Card surface style designed according to unified requirements;

5, the local social security card management measures and implementation details;

6. Other materials required by Ministry of Human Resources and Social Security.

To sum up, the employer needs to apply for social security registration, pay social security fees and print business cards in time after employment, and then employees can get social security cards according to the notified time.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 57

The employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate.