What are the characteristics and functions of social endowment insurance? -Baidu knows.

First, national legislation is enforced, and both enterprises and individuals should participate. Those who meet the pension conditions can receive pensions from the social insurance department.

Second, the source of endowment insurance costs is generally shared by the state, units and individuals, or by units and individuals to achieve extensive social mutual assistance.

Third, the old-age insurance is social, has great influence, enjoys a large number of people, takes a long time and costs a lot.

Therefore, it is necessary to set up specialized agencies to implement unified planning and management of modernization, specialization and socialization. Through the establishment of the old-age insurance system, it is conducive to the replacement of old and new, and the rationalization of employment structure; Providing basic living security for the elderly and making them feel safe is an important measure to deal with the aging population and is conducive to social stability; It can encourage young people to forge ahead, raise wages, provide security for their retirement and help promote economic development from the side. Providing for the aged is not only a social problem, but also a global problem, which is related to the development of economic civilization of a country or society and needs our sufficient attention. Because the old-age insurance is implemented in a wide range, the insured enjoys treatment for a long time and the cost is huge, the government must set up special institutions in the whole society to unify legislation, rules, management and organization.