Pension insurance is social security or commercial insurance is better

Social security is better, because it is the state mandatory for enterprises to pay for the employees, the cost of the enterprise and the employees **** the same bear, but the cost of commercial insurance must be fully paid by their own. It can be said that social security is the foundation, commercial insurance is perfect, complementary. Therefore, if you have the financial conditions, you can purchase additional commercial insurance as a supplement.

Social insurance is a social and economic system that provides income or compensation for people who are incapacitated, temporarily out of work, or have suffered losses due to health reasons. The main programs of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance, and maternity insurance. The following is a brief introduction:

1. Old-age insurance (or old-age insurance system) is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic livelihood of workers after they have reached the working-age limit set by the state for the termination of their labor obligations, or have withdrawn from the workforce due to loss of working capacity in old age.

2. Worker's compensation insurance is a social insurance system that enables workers and their survivors to receive the necessary material compensation from the state and society in the event of death, temporary or permanent incapacity due to accidental injury or occupational disease suffered by a worker as a result of his or her work.

3, medical insurance is divided into basic medical insurance and social medical insurance. Medical insurance is to ensure that workers in the event of illness can be provided with affordable and appropriate treatment technology, which includes basic medicines, basic services, basic technology and basic costs and so on. Social medical insurance is a social insurance system established by the state and society in accordance with certain laws and regulations to provide workers covered by the insurance with protection for their basic medical needs in the event of illness.

3. Maternity insurance is a social policy whereby the State, through its social insurance legislation, provides financial and material assistance to workers who give birth. Its purpose is to provide maternity allowances, maternity leave and medical care for women workers who have given birth, to ensure their basic economic income and medical care when they are temporarily incapacitated by childbirth, and to help them regain their capacity to work and return to the workplace, thus reflecting the support and care that the State and society give to women at this special time.

4. Unemployment insurance refers to the system of providing material assistance to workers whose sources of livelihood are temporarily interrupted due to unemployment through a fund established centrally by the society, which is mandatory by the state through legislation.