Does the salary payable include personal five insurances and one gold?

Payable wages include personal five insurances and one gold.

The employee's salary belongs to the salary payable before tax, including five insurances and one gold fee. Personal income tax is calculated after deducting employee social security expenses and housing provident fund expenses from the wages payable, and there is no cost of five insurances and one gold in the final salary paid.

Conditions for personal insurance transfer:

1. The individual insured who has been transferred to the unit for employment and involved in repeated payment has been employed by the unit and gone through the employment filing formalities in the labor department, and the social insurance paid by the individual is duplicate with that paid by the employer;

2. Transferred to the unit for employment does not involve repeated payment. Individual insurance has been employed by the unit and signed a labor contract, and the unit has paid social insurance since the deadline for individual payment;

3 individual insured to three counties and other places, need to transfer to different places.

To sum up, after resigning, our pension insurance will continue to be paid in the name of individuals. Because if you don't pay a certain number of years, you won't get a pension after retirement. Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly 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. 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.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance can pay less than fifteen years when they reach the statutory retirement age.

Receive a basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.