What are five insurances and one gold?

Legal analysis: Five insurances and one gold are the collective names of endowment insurance, medical insurance, unemployment insurance, maternity insurance and industrial injury insurance (five insurances), which are compulsory by the state and paid by employees. Five insurances are also called social security.

Among them, maternity and work injury insurance do not need to be paid by individuals, and pension, medical care and unemployment insurance are paid by companies and individuals in a certain proportion.

1, the function of medical insurance is that we can reimburse some medical expenses when we see a doctor, whether it is outpatient service, hospitalization or medical insurance designated pharmacies.

2. Old-age insurance means that we save money when we are young and have work income, and take it out to protect our old age after retirement.

3. Unemployment insurance money is the insurance money paid to employees after they lose their jobs, as the living expenses during the period of no income.

4. Work-related injury insurance is the compensation given to employees after being injured or suffering from occupational diseases at work. It's paid by the company, and individuals don't need to pay it.

Maternity insurance is a welfare for women during maternity leave.

Legal basis: People's Republic of China (PRC) Labor Law.

Article 70 The state develops social insurance, establishes a social insurance system and sets up a social insurance fund to help and compensate workers in cases of old age, illness, work injury, unemployment and maternity.

Article 71 The level of social insurance should be compatible with the level of social and economic development and social affordability.

Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

Article 73 Laborers shall enjoy social insurance benefits according to law under the following circumstances:

(1) Retirement;

(2) getting sick;

(3) Being disabled at work or suffering from occupational diseases;

(4) unemployment;

(5) bearing.

After the death of an employee, his survivors shall enjoy the survivors' allowance according to law.

The conditions and standards for workers to enjoy social insurance benefits shall be stipulated by laws and regulations.

Social insurance premiums enjoyed by workers must be paid in full and on time.

Article 75 The State encourages employers to establish supplementary insurance for workers according to actual conditions.