Is social security five insurance or three insurance

Social security is five insurances, and three insurances are three of which employees bear.

The five social insurances are based on the three social insurances, and two types of insurance are added: industrial injury insurance and maternity insurance. Among them, the increased industrial injury insurance and maternity insurance are entirely borne by enterprises, and individuals do not need to pay. The remaining three items are jointly paid by enterprises and employees, paid regularly and deposited in insurance accounts opened in personal capacity, and managed by relevant social functional departments.

Five insurances and one gold include:

1, endowment insurance

The minimum payment period must reach 15 years, and the pension can only be received after the retirement year;

2. Medical insurance

The minimum payment for men is 25 years, and that for women is 20 years. After retirement, they can enjoy medical insurance benefits for life.

3. Work injury insurance

Work-related injuries can enjoy work-related injury insurance benefits;

4. Unemployment insurance

You can apply for unemployment insurance after paying unemployment insurance premiums for one year before unemployment;

5. Maternity insurance

Pay maternity insurance premium for one year before giving birth, and enjoy maternity insurance benefits when giving birth;

6. One gold is the housing accumulation fund.

With this guarantee, you can enjoy a lower loan interest rate when buying a house, which can save a lot of money.

To sum up, social security consists of endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Among them, pension insurance, medical insurance and unemployment insurance are jointly paid by units and individuals, and industrial injury insurance and maternity insurance are jointly paid by the company.

Legal basis:

Article 58 of People's Republic of China (PRC) Social Insurance Law

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.