What is the difference between social security and pension insurance

With the development of society, more and more citizens begin to consider the social security problem, and begin to pay attention to the pension insurance. And we usually say social security is not pension insurance? Many people also did not figure it out. So, what is the difference between social security and pension insurance? Below I have organized the following content for you to answer, I hope to help you.

What is social insurance

Social insurance is referred to as social security, is the state in order to prevent and compel the majority of members of society to participate in, with the function of income redistribution of non-profit social security system, which is organized by the government, the workers and employers **** with the same commitment. At present, the main items of social insurance in China include pension insurance, medical insurance, unemployment insurance, maternity insurance and industrial injury insurance. Different types of insurance cover different content, for example, medical insurance is to protect the participants to obtain basic medical services.

What is pension insurance

Pension insurance is a system established by the government in accordance with the law to protect the basic livelihood of workers in old age after the loss of the ability to work and exit from the labor force, is an important part of the social security system, China's pension insurance system consists of three parts: First, the conditions for enjoyment, including the age conditions, conditions for the length of service (years of contributions or deemed years of contribution), and whether or not the total loss of the ability to work. Completely lost the ability to work, etc.; Second, retirement, retirement, retirement treatment standards, mainly for different retirement conditions, and different levels of protection; Third, the financing of retirement pensions, fund management and supervision and inspection systems.

First, the two concepts are different. Pension insurance refers to the state and society in accordance with the laws and regulations, in order to solve the problem of workers in the state provisions of the discharge of labor obligations of the labor age limit, or due to old age and loss of working ability to withdraw from the workplace after the establishment of a social insurance. Social security is the abbreviation of social insurance, which refers to the five types of insurance: pension insurance, medical insurance, maternity insurance, unemployment insurance, and industrial injury insurance.

Second, the content of the two is different. Social insurance includes pension insurance, but not limited to pension insurance, pension insurance is only one of the five types of social insurance. Usually we buy social insurance will include pension insurance, but buy a single pension insurance does not include health insurance and so on.

Third, the two purposes are different. The main purpose of the purchase of pension insurance is to protect the basic life after old age. The purchase of social security, not only to protect the basic life after old age, but also to protect the basic medical services, to ensure that the period of unemployment, the basic life of the workplace injury, and so on.