What is the difference between social insurance and social security?

The differences between social insurance and social security are as follows:

1, different concepts.

Social security is a system in which the state or the government is the main body, and through the redistribution of national income, citizens are given material help when they temporarily or permanently lose their ability to work and have difficulties in life for various reasons, so as to ensure their basic livelihood.

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 main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

2, the scope is different

The scope of social insurance is wider than that of social insurance. Social security is a big concept, covering four parts: social insurance, social relief, social welfare and minimum living security. And social insurance is only a part of social security.

3. For different objects.

Social security is aimed at the members of the whole society, enjoying the conditions of urban and rural residents who are old, weak, sick, disabled and have no fixed income or are helpless and unable to live or have a fixed income but cannot maintain the minimum living needs. However, social insurance only faces wage earners, and the conditions they enjoy are temporary or permanent loss of working ability or unemployment.

4. Different sources of funds

Social insurance funds come from the state, enterprises and individuals, while other social security funds come from government finance or social assistance.

Extended data:

Characteristics of social insurance

1. The objective basis of social insurance is the risks existing in the labor field, and the object of insurance is the individual workers;

2. The subject of social insurance is specific. Including workers (including their relatives) and employers;

3. Social insurance is compulsory;

4. The purpose of social insurance is to maintain the reproduction of labor force;

5. The insurance fund comes from the payment and financial support of employers and workers. Insurance coverage is limited to employees, excluding other social members. The insurance coverage is limited to all kinds of risks in labor risks, excluding other risks such as property and economy.

References:

Baidu encyclopedia-social insurance