Job Recruitment Website - Social security inquiry - What do you mean by breaking off diplomatic relations with five risks?

What do you mean by breaking off diplomatic relations with five risks?

Five insurances refer to social insurance for employees, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. If the five insurances are broken, it means that the employee will no longer enjoy the above social security. At this point, employees need to buy commercial insurance to protect themselves.

Generally, when dissolving labor relations, employees need to go to the social security department to handle the transfer or cancellation procedures of social security relations. If the employee fails to go through these procedures in time or the employer maliciously falsifies the employee's social security account, there may be a situation in which the five insurances are broken. At this time, employees need to negotiate with the employer or report to the labor inspection department in time.

Breaking the five insurances has a great impact on employees, because the five insurances of employees are the most important guarantee for safeguarding their legitimate rights and interests. If the five insurances break off, employees will not be able to get timely medical care, old-age care and life assistance if they retire, get sick or encounter accidents. Therefore, enterprises should strictly abide by the relevant regulations when managing employees' social security accounts to avoid unnecessary harm to employees.