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Is social security five insurances and one gold?
According to the legal chart, social security is not five insurances and one gold. Social security is a little different from five insurances and one gold. First of all, social security is a general term for medical insurance, endowment insurance, unemployment insurance, maternity insurance and industrial injury insurance, including five types of insurance. Five insurances and one gold include endowment insurance, medical insurance, maternity insurance, industrial injury insurance, unemployment insurance and housing accumulation fund. To put it simply, five insurances and one gold are social security plus housing provident fund, that is, five insurances and one gold include social security. Generally, regular units will buy five insurances and one gold for employees. Legal basis: Article 70 of the Labor Law of People's Republic of China (PRC) The state develops social insurance and establishes social insurance system and social insurance fund, so that workers can get help and compensation when they are old, sick, injured at work, unemployed and have children.
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