What is the meaning of the five insurance and one gold contribution base?

Social security contribution base is the average social wage of 60%-300% of the payment base, for example, the average social wage is 1,000 yuan, the payment base can be 600 yuan-3,000 yuan. When an employer declares its social insurance contribution base, the unit's contribution base is the average monthly gross salary of all employees of the unit in the previous year, and the individual employee's average monthly gross salary in the previous year. If the average monthly salary of the employees is less than 60% of the average monthly salary of the local on-the-job employees in the previous year, 60% of the average monthly salary of the employees will be declared as the base for individual contributions; if it is higher than 300% of the average monthly salary of the local on-the-job employees in the previous year, 300% of the average monthly salary of the employees will be declared as the base for individual contributions. Article 61 of the Social Insurance Law of the People's Republic of China*** and the State Social Insurance Law, the social insurance premium collection agency shall collect social insurance premiums in full and on time in accordance with the law, and inform the employers and individuals of the payment situation on a regular basis.

Article 2 of the Law of the People's Republic of China on Social Insurance The State establishes a social insurance system for basic pension insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., and guarantees the right of citizens to obtain material assistance from the State and society in accordance with the law in the event of old age, sickness, industrial injury, unemployment, or childbirth. Article 2 of the Regulations on the Management of Housing Provident Funds These Regulations shall apply to the deposit, withdrawal, utilization, management and supervision of housing provident funds within the territory of the People's Republic of China*** and the State. The housing fund referred to in these regulations refers to the long-term housing reserve deposited by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations (hereinafter collectively referred to as the units) and their active employees.