What is the difference between rural endowment insurance and social security?

Rural endowment insurance and social security are two different social insurance systems, and there are significant differences between them.

Rural old-age insurance mainly aims at residents in rural areas and provides old-age living security; Social security, on the other hand, is more extensive, including pension, medical care, unemployment, work injury and maternity protection, which is applicable to the broad masses of workers, including rural areas and towns.

I. Overview of Rural Endowment Insurance

Rural endowment insurance is an important part of China's social security system, aiming at providing rural residents with old-age security. It mainly adopts a combination of individual contributions, collective subsidies and government subsidies to ensure that rural residents can enjoy basic living security when they are old.

Two. Overview of social security

Social security, namely social insurance, is the core content of China's social security system. Covering pension, medical care, unemployment, work injury and maternity protection, it aims to provide all-round protection for the majority of workers. The social security system is shared by the state, enterprises and individuals, and has the characteristics of compulsory, wide coverage and mutual assistance.

Third, the main differences between rural endowment insurance and social security

The scope of protection is different: rural endowment insurance mainly focuses on the elderly living security of rural residents, while social security covers pension, medical care, unemployment, work injury and maternity security.

The insured objects are different: rural old-age insurance is mainly aimed at residents in rural areas, while social security is applicable to the broad masses of workers, including rural areas and towns.

Different payment methods and standards: the payment method of rural endowment insurance is more flexible, and the payment grade can be selected according to personal economic situation; The payment of social security shall be implemented in accordance with the standards stipulated by the state and shall be shared by enterprises and individuals.

Different treatment levels: Due to different coverage and payment standards, the treatment levels of rural old-age insurance and social security are also different. Generally speaking, the treatment level of social security is relatively high, but the specific treatment needs to be determined according to the payment situation and policy provisions of the insured.

To sum up:

There are obvious differences between rural old-age insurance and social security in coverage, insured objects, payment methods and standards, and treatment level. Rural old-age insurance mainly pays attention to the elderly living security of rural residents, while social security provides more comprehensive and extensive protection. Understanding these differences will help us to better choose the insurance system that suits us and make a good plan for our future life.

Legal basis:

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

Article 2 provides that:

"The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, work-related injury insurance, unemployment insurance and maternity insurance, and protects citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, work-related injury, unemployment and maternity. "