The basic pension is a pension or retirement fee.

The basic endowment insurance fund is a special fund reserved for the establishment, maintenance and development of endowment insurance, which is mainly used for the basic life of the elderly after they quit social labor.

The basic pension is paid to retirees.

The endowment insurance fund is the basic fund for the management, maintenance and development of social insurance institutions, and only with the basic fund can there be a pension.

Compared with a tree.

Endowment insurance fund is the root of the trunk; The basic pension is branches and leaves.