What is the role of the five insurance and one gold?

The five insurance and one gold refers to the employer to give the workers several kinds of security treatment, including pension insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, and housing fund.

The roles of the five insurance and one pension are as follows:

1. Pension insurance. Purchase of pension insurance, as long as the contributions accumulated 15 years, and reached the state retirement age, you can enjoy pension insurance benefits;

2, medical insurance. The accumulated years of contributions to buy medical insurance, men need to be 30 years, women 25 years, in order to enjoy lifelong medical insurance treatment;

3, buy a house, buy a car. If a foreigner is buying a car or a house in Beijing, he or she needs to have paid social security for more than 5 years before buying a house or a car;

4, children's schooling. If you are a foreigner studying in Beijing, you need to pay social security for at least 1 year;

At present, there is no uniform regulation on the minimum payment period, and different regions and ages have different regulations on the payment period of five insurance premiums. In general, as long as the participants have paid the required number of years, they can enjoy the corresponding benefits during their working life and after retirement.

For pension insurance, the contribution period is 15 years, and the participant can receive a certain amount of monthly pension after retirement until the participant's death.

Medical insurance, with a contribution period of 25 years, allows participants to enjoy free lifelong medical insurance after retirement.

Maternity insurance, unemployment insurance, and industrial injury insurance do not have a contribution period requirement, as long as they have paid for one year, they can enjoy the corresponding benefits.

The Housing Provident Fund also does not have a contribution period requirement, and participants can use it when purchasing a home.

Article 4 of the Social Insurance Law of the People's Republic of China

Employers and individuals within the territory of the People's Republic of China are required to pay social insurance premiums in accordance with the law, and they have the right to inquire about the records of contributions and individual rights and interests, and to request social insurance bureaus and agencies to provide social insurance counseling and other related services.

Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.