What are the five guarantees? What is the detailed use of each

The "five insurance" of social insurance premiums refers to pension insurance, medical insurance, unemployment insurance, maternity insurance and industrial injury insurance.

(1) Pension insurance: a social insurance system set up by the state and society to solve the basic livelihood of workers after they reach the working age limit stipulated by the state for the termination of their labor obligations, or quit their jobs due to loss of working capacity in old age.

(2) Medical insurance: social insurance in which society or enterprises provide necessary medical services or material assistance to workers in case of illness, injury or childbirth.

(3) Workers' Compensation Insurance: a social insurance system under which workers or their survivors receive material help from the state and society when they suffer accidental injuries or occupational diseases that result in temporary or permanent loss of working capacity and death at work or under specified special circumstances.

(4) Maternity insurance: It is a social insurance system in which the State adopts legislation to provide medical services, maternity allowances and maternity leave from the State and society in the event of temporary interruption of labor for women workers who are pregnant or giving birth.

(5) Unemployment insurance: a system mandated by the state through legislation, in which the society centrally establishes a fund to provide material assistance to workers who temporarily interrupt their livelihood due to unemployment.