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What's the difference between city insurance and social security?
What's the difference between city insurance and social security?
Urban insurance refers to the social insurance for employees of urban enterprises. Urban insurance is the social security of urban household registration, and it is a payment-based social security. Urban insurance belongs to social security. Simply put, urban social insurance refers to the social insurance enjoyed by urban residents. Urban social security is paid jointly by individuals and units and fixed every month. Urban social insurance mainly includes social endowment insurance and basic medical insurance. The source of funds for urban residential insurance includes not only individual contributions, but also government subsidies to the insured.
Social security for urban and rural residents is the social security paid by local people in their accounts and files, while social security for urban workers is the social security paid by local people or foreigners through their units. Social security for urban and rural residents and urban social security belong to different payment types of social security, and different payment types are different, but they all belong to the social security category. Locals can choose to pay social security for urban and rural residents themselves or for urban workers through their units, while foreigners can only pay social security for urban workers through their units.
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