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Do five insurances and one gold conflict with social security?
2. Social security is the abbreviation of social insurance, which refers to five kinds of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance.
3. Five insurances and one gold refer to endowment insurance, medical insurance, maternity insurance, unemployment insurance, industrial injury insurance and housing accumulation fund.
That is, the main difference between five insurances and one gold and social security is that five insurances and one gold have an additional housing accumulation fund.
Paying social security is mandatory by the social security law and a legal obligation that enterprises and employees must fulfill. Generally speaking, social security refers to five insurances, excluding one gold, and refers to the housing accumulation fund.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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