What's the difference between welfare and social security welfare?

Definition and use. Wage payment refers to the welfare payment paid by the employer to employees according to law, including pension, retirement pension and medical insurance. It is a kind of economic compensation provided to employees when they leave their jobs, retire or have special circumstances, and social security payment refers to the social insurance expenses paid by employers and employees, including endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Social security payment is to protect employees under certain circumstances.