If the endowment insurance for individual industrial and commercial households and flexible employees was handled at that time, it could be converted into employee endowment insurance. The difference between the two is only the payment subject, payment proportion and payment base calculation. The pension calculation method and social wage base adopted in the same area are the same.

However, if it is a new rural endowment insurance or urban residents' endowment insurance, the current policy does not support the conversion to employee endowment insurance for the time being, until the plan for the mutual conversion of the three (the opinions of the discussion draft have been collected) is finally determined.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.