What do you mean by social security and pension free?

Free social security endowment insurance refers to the free service of endowment insurance under certain conditions. Social security is an important system to protect the basic rights and interests of social members, and endowment insurance is one of them. For the insured, endowment insurance is an important source to ensure the basic life after retirement. Therefore, it is of great significance for members of society to enjoy the old-age insurance service for free.

At present, the conditions of full free service of endowment insurance are harsh, and certain conditions need to be met to enjoy relevant policies. First, you need to reach the required retirement age, and then you need to pay endowment insurance to meet certain requirements. Eligible people can enjoy free old-age insurance, which reduces the burden of old-age care for some people with relatively difficult economic conditions and improves the fairness of the social security system.

Although the conditions of free service of endowment insurance are harsh, this policy is of great significance for deepening the construction of China's social security system and perfecting China's endowment insurance system. With the deepening of China's aging, the pressure of endowment insurance is increasing. Therefore, further improving the social security system and gradually expanding the coverage of old-age insurance is the focus of China's social security system reform and the necessary condition for China to build a socialist modern country in an all-round way.