The social endowment insurance policy is established to solve the basic life of workers after they reach the working age limit stipulated by the state and terminate their labor obligations, or after they quit their jobs because of old age. That is, the basic pension and personal account pension paid by social pooling funds are important components of the social security system and one of the five most important social insurances. The social endowment insurance policy is established to solve the basic life of workers after they reach the working age limit stipulated by the state and terminate their labor obligations, or after they quit their jobs because of old age. That is, the basic pension and personal account pension paid by social pooling funds are important components of the social security system and one of the five most important social insurances. The social endowment insurance policy is established to solve the basic life of workers after they reach the working age limit stipulated by the state and terminate their labor obligations, or after they quit their jobs because of old age. That is, the basic pension and personal account pension paid by social pooling funds are important components of the social security system and one of the five most important social insurances.