I'm not sure whether it's a good idea to pay for a farm insurance policy or a social security policy.

Social security includes medical insurance, pension insurance, work injury insurance, unemployment insurance and maternity insurance, while the agricultural insurance refers to the new rural social pension insurance, as for the social security is good or the agricultural insurance is good, we might as well look at the similarities and differences between the two.

It should be noted that the social security or agricultural insurance is good? The insurance paid by the rural and urban insurance is essentially the same, collectively known as social insurance, but different categories, which is mainly based on the population to divide. The full names of the five types of insurance for urban workers are: basic pension insurance for urban workers, basic medical insurance for urban workers, maternity insurance for urban workers, work injury insurance for urban workers, and unemployment insurance for urban workers. In rural areas, there are generally two types of insurance: the new rural cooperative medical insurance and the new rural social pension insurance.

Compared with the pension insurance for urban workers, the new rural insurance has ****similarities and differences. ***There may be four similarities:

One is that they are both social insurance systems, the so-called social insurance system is to require that the rights and obligations are corresponding to each other, there is a corresponding relationship. It is not a purely welfare subsidy system, it is not a hardship assistance system, which is a government allowance that does not require the individual to fulfill obligations, but can be claimed as long as certain conditions are met; whereas the social insurance system requires contributions to be made, and then the corresponding treatment can be obtained. This is the same. Of course, there will be no more contributions for the rural elderly who were already over 60 years old when the new rural insurance was implemented, which is a special treatment of the past situation.

The second is that both the new rural insurance and the basic pension insurance for urban workers implement a system model combining social coordination and individual accounts. That is to say, individual contributions are to be accumulated over time through the establishment of individual accounts, while there is also a mechanism for social coordination.

Thirdly, both systems emphasize "basic protection and broad coverage". That is to say, the level of protection is determined according to the current stage of economic development, is to ensure a basic life. The scope of coverage should also be as broad as possible, covering as many of the specified groups as possible.

Fourth, the structure of its treatment is all about the basic pension plus the personal account pension, which generally reflects fairness; the personal account pension is linked to the length of time and the amount of contributions made by the individual.

Social security or agricultural insurance is good? Of course, the new rural insurance urban workers' pension insurance does have a few different points:

First of all, the object of protection is different, the basic pension insurance for urban workers is to ensure that the urban employment groups; and the new rural insurance to protect the rural population groups.

Secondly, the basic pension insurance for urban workers is mandatory under national laws and regulations, and employers, employers, including individual workers must make contributions in accordance with the regulations; while the rural pension insurance emphasizes the principle of voluntariness, and farmers participate voluntarily, which is also based on the actual situation in rural areas at the current stage, guided by the government, but not to engage in coercive orders.

Thirdly, there is a principle in the new rural insurance policy that is not found in the basic pension insurance for urban workers, and this principle is "flexible". In the basic pension insurance for urban workers, in general, there is not much flexibility, the prescribed contribution rate, the prescribed eligibility to receive, the prescribed payment standard. However, the New Farmers' Pension Insurance has a principle called "flexibility", for example, the design of the contribution standard ranges from 100 to 200, 300, 400 and 500 yuan. Farmers themselves can choose according to their own income levels, while allowing localities to set additional contribution standards, either upward or downward, in order to adapt to the imbalance of economic development in various regions and the actual situation of relatively large differences in the income levels of farmers. So it must be "flexible", not "one size fits all".

Lastly, and very importantly, the funding structure is different. The main contributor to the basic pension insurance for urban workers is the employer, who pays the lion's share, and of course, the individual also contributes. The main contributor to rural pension insurance is the government, which pays a basic pension to the elderly and also subsidizes the contributions of young and middle-aged people, which is different from that of urban areas.

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