What's the difference between five risks and four risks?

The difference between five risks and four risks is as follows:

1 and four risks mainly include four types of insurance: endowment insurance, medical insurance, industrial injury insurance and unemployment insurance. Ministry of Human Resources and Social Security and the Ministry of Finance jointly issued a notice to clarify the merger of maternity insurance and basic medical insurance again;

2. Five insurances mainly include five social insurances: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The conditions for paying five insurances and one gold are as follows:

1, establish a labor contract relationship with the employer and sign a labor contract;

2. The employer is a legal enterprise in China that has gone through the business license and other formalities and registered social security and housing provident fund according to regulations;

3. He is a legal citizen of China;

4. regardless of the household registration, you can apply for five insurances and one gold regardless of the town, rural area, foreign place and local area.

Five insurances and one gold specifically include the following contents:

1. Old-age insurance: The purpose of old-age insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life;

2. Medical insurance: the biggest advantage of participating in basic medical insurance is to implement social overall planning, have mutual assistance, enhance the ability to resist risks, and ensure the basic medical needs of employees;

3. Unemployment insurance: it is a system enforced by the state through legislation and set up by the society to provide material help to workers who have temporarily stopped their livelihood because of unemployment, so as to ensure the basic livelihood of unemployed people during unemployment and promote their re-employment. It is an important part of the social security system and one of the main items of social insurance.

4. Maternity insurance: the role of establishing maternity insurance system is to ensure that female workers can enjoy protection during childbirth and breastfeeding, so as not to stop working and fall into difficulties in life because of childbirth;

5. Work-related injury insurance: Work-related injury insurance is a social insurance system in which workers are injured, disabled or killed at work and temporarily or permanently lose their ability to work, and the society gives material help. All work-related injury insurance premiums are paid by the employer, and individual employees do not need to pay;

6. Provident fund: it is the long-term housing savings paid by the unit to employees. For employees to buy, build, rebuild, overhaul occupied housing, and no unit or individual may use it for other purposes.

To sum up, the difference between five insurances and four insurances is that maternity insurance and medical insurance are combined into one. Four insurances are endowment insurance, industrial injury insurance, unemployment insurance and medical insurance, and one gold is housing accumulation fund. Medical insurance and maternity insurance are merged into one medical insurance.

Legal basis:

Article 66 of People's Republic of China (PRC) Social Insurance Law

The social insurance fund shall set up a budget according to the overall level. In addition to the basic medical insurance fund and maternity insurance fund budget combined, other social insurance fund budgets are compiled separately according to social insurance projects.

Article 64

Social insurance funds include basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country.

The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it.

The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.