What does the basic old-age insurance include?

1. What does the basic old-age insurance include?

1. Basic endowment insurance includes endowment insurance, medical insurance, industrial injury insurance, unemployment insurance and maternity insurance. Social security and old-age insurance for employees, the overall account paid by the unit and the personal old-age account. The employee contribution is equal to the base pay multiplied by 8%, and the enterprise contribution is equal to the base pay multiplied by 16%. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic old-age insurance monthly.

2. Legal basis: Article 2 of People's Republic of China (PRC) Social Insurance Law.

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

Second, what conditions must be met for handling social endowment insurance?

L, the start date of insurance payment is 60 years old;

2. Persons who have reached the age of 45 and less than 60 on the starting date of insurance payment, have been insured in accordance with the regulations and paid the corresponding pension insurance premiums in full, and have reached the age of 60;

3. The starting date of insurance payment is under 45 years old, and the insurance is insured according to regulations, and the payment period exceeds 15 years and exceeds 60 years old.