Since when did the state stipulate that enterprises must pay five insurances and one gold for their employees? What time is it exactly? Thanks in advance.

The Social Insurance Law of People's Republic of China (PRC) has been passed by the 17th meeting of the 11th NPC Standing Committee in People's Republic of China (PRC) on 20 10, 10, and has been implemented since July of 201year, requiring employees to pay five insurances and one gold.

The Labor Contract Law of People's Republic of China (PRC) stipulates that units, companies and enterprises shall be liable for compensation if they fail to pay the five insurances.

Extended data:

Five insurances and one gold refer to several kinds of security benefits provided to workers by employers, including endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund. "On-the-job employees should pay the housing accumulation fund in accordance with the regulations." Housing accumulation fund is a "payable" item, which is legally necessary, and paying it also means an obligation.

The Administrative Regulations on the Declaration and Payment of Social Insurance Fees requires that the employer shall register social insurance for its employees and declare and pay social insurance fees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

The social insurance premiums mentioned in the regulations refer to the basic old-age insurance premiums, basic medical insurance premiums, work-related injury insurance premiums, unemployment insurance premiums and maternity insurance premiums paid by employers and their employees according to law.

According to the regulations, the employer shall inform the employees themselves of the details of the payment of social insurance premiums on a monthly basis, inform the employees' congress of the unit every year or announce the payment of social insurance premiums in a prominent position in the unit's residence, and accept the supervision of the employees. The details and changes of the payment declared by the employer on behalf of the employee must be signed by the employee himself and kept by the employer for future reference.

In view of the fact that some employers fail to pay social insurance premiums in full and on time, the regulations are clear. The social insurance agency shall order it to pay within a time limit or make up for it, and impose a late payment fee of 0.5‰ on a daily basis from the date of default; If it fails to pay within the time limit, the administrative department of social insurance shall impose a fine of 1 times and less than 3 times.

According to the Regulations on the Management of Housing Provident Fund, state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations all belong to the scope of units that must pay housing provident fund, and all employees of the aforementioned units must pay housing provident fund. The so-called "on-the-job employees" simply refer to employees who form a stable employment relationship with the unit, provide labor for the unit, and are paid by the unit to form a stable employment relationship, and the unit must pay the housing provident fund for them.

References:

People's Republic of China (PRC) Social Insurance Law-Baidu Encyclopedia