What are the benefits of buying a house with five insurances and one gold?

"Five insurances" refers to five kinds of insurance, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance; "One gold" refers to the housing accumulation fund. The advantage is that the unit pays the housing accumulation fund for it, which is equivalent to taking part of the house payment for the individual, reducing the pressure on personal mortgage, and paying five insurances and one gold also saves personal time. In order to save costs, many start-ups pay less or even no five insurances and one gold for their employees, and they will face some risks: according to the Social Insurance Law and the Regulations on the Management of Housing Provident Fund, enterprises that fail to pay social security for their employees in full and on time will be charged a late fee of five ten thousandths, or even a fine of more than three times the unpaid amount/kloc-0; Those who fail to pay the provident fund within the time limit will be fined 1 1,000 yuan to 50,000 yuan. In reality, if employees file an arbitration or lawsuit because the enterprise fails to pay the social security accumulation fund for them normally, the loser is basically the enterprise.

Legal objectivity:

"Regulations on the Management of Housing Provident Fund" Article 2 These Regulations shall apply to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC). The term "housing accumulation fund" as mentioned in these Regulations refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations (hereinafter referred to as units) and their employees. Article 58 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.