Does endowment insurance belong to social security?

Endowment insurance belongs to social security. Endowment insurance, generally speaking, refers to the endowment insurance in social security, which is included in social security. However, the old-age insurance supports individual purchase, that is to say, you can buy it yourself without buying social security. As long as you are 18 years old, you can receive the old-age pension after continuous payment for 15 years. Endowment insurance included in social security belongs to employee pension insurance, and pension can only be received at retirement age. According to the national regulations of China, employers must pay all social security in proportion to employees' income. Among them, pension insurance, medical insurance and unemployment insurance are paid by employers and employees in proportion, while work injury and maternity insurance are paid by employers, and employees do not need to pay. Endowment insurance is a kind of social insurance, including endowment insurance, medical insurance, unemployment insurance, maternity insurance and unemployment insurance. Endowment insurance consists of two accounts: individual pension account and basic pension account. According to the regulations, individuals will pay 8% of their salary to their personal pension accounts and 20% of their employees' salary to the national pension plan.

Legal basis: Article 72 of the Labor Law: "The social insurance fund determines the source of funds according to the types of insurance, and gradually implements social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law. " It is illegal for an employer not to pay social insurance for workers in accordance with state regulations, and its direct consequence is to infringe upon the legitimate rights and interests of workers.