What are the five insurances in social security?

The five insurances in social security specifically include the following contents:

1. Old-age insurance: The purpose of old-age insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life;

2. Medical insurance: the biggest advantage of participating in basic medical insurance is to implement social overall planning, have mutual assistance, enhance the ability to resist risks, and ensure the basic medical needs of employees;

3. Unemployment insurance: it is a system enforced by the state through legislation and set up by the society to provide material help to workers who have temporarily stopped their livelihood because of unemployment, so as to ensure the basic livelihood of unemployed people during unemployment and promote their re-employment. It is an important part of the social security system and one of the main items of social insurance.

4. Maternity insurance: the role of establishing maternity insurance system is to ensure that female workers can enjoy protection during childbirth and breastfeeding, so as not to stop working and fall into difficulties in life because of childbirth;

5. Work-related injury insurance: Work-related injury insurance is a social insurance system in which workers are injured, disabled or killed at work and temporarily or permanently lose their ability to work, and the society gives material help. All work-related injury insurance premiums are paid by the employer, and individual employees do not need to pay.

The conditions for receiving social security contributions for five insurances and one gold are as follows:

1, old-age insurance: when the accumulated payment period reaches 15 or above, you can receive a monthly pension after reaching the statutory retirement age;

2. Medical insurance: the payment period is 20-25 years, and you can enjoy medical insurance benefits for life after reaching retirement age;

3. Unemployment insurance: those who continuously pay 1 year or above and meet other conditions can receive unemployment benefits for up to 24 months;

4. Maternity insurance: after continuous payment of 1 year, you can reimburse the cost of birth check-up and delivery, receive maternity allowance and enjoy maternity leave;

5. Work-related injury insurance: As long as you pay work-related injury insurance, you can get work-related injury compensation during your work;

6. Housing accumulation fund

(1) If the unit needs to pay the housing provident fund in full for 6 months, it can use the provident fund loan to buy a house;

(2) If individuals need to pay the housing provident fund in full 1 year, they can use the provident fund loan to purchase houses.

To sum up, five insurances and one gold refer to five insurances: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, and one gold refers to housing accumulation fund.

Legal basis:

Article 2 of People's Republic of China (PRC) Social Insurance Law

The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

essay

The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.