Is social security the same as five insurances and one gold?

Different concepts. 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. Five insurances and one gold refer to the housing accumulation fund except the above insurance. The scope is different: social insurance only includes five types of insurance, such as endowment insurance, but five insurances and one gold also include housing accumulation fund. That is, five insurances and one gold include social security.

Social security and "five insurances and one gold" have certain similarities and great differences, mainly reflected in the concept that social security is a redistribution system, forcing some groups to use part of their income as social security fees, while "five insurances and one gold" is the protection treatment for employees by employers; Reflected in the scope of protection, five insurances and one gold include social security and an additional housing accumulation fund; As well as the mode of delivery, social security can be paid by individuals, and five insurances and one gold can only be paid by units.

There is a difference between social security and five insurances and one gold:

Social security is what we call five insurances every day. Five insurances and one gold are just one more provident fund than social security. The difference between social security and five insurances and one gold is that one housing accumulation fund is missing.

There is a difference between social security and five insurances and one gold:

Social security only refers to endowment insurance, and individuals can pay it separately. Five insurances and one gold refer to: old-age insurance, medical insurance, unemployment insurance, industrial injury insurance, family planning insurance (only for female employees) and housing accumulation fund, which can only be paid by the unit, especially industrial injury insurance. Family planning insurance is paid by the unit and does not need to be paid by individuals. Among them, endowment insurance, medical insurance and unemployment insurance are premiums paid by enterprises and individuals, while industrial injury insurance and maternity insurance are entirely borne by enterprises, and individuals do not need to pay them. It should be noted here that "five risks" are legal, but "one gold" is not.

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

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council. Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.