Is social security the same as five insurances and one gold?

Social security is different from five insurances and one gold.

The difference between social security and five insurances and one gold is as follows:

1. Social security is different from five insurances and one gold.

Social security is the abbreviation of social insurance, which refers to five kinds of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance. Five insurances and one gold refer to endowment insurance, medical insurance, maternity insurance, unemployment insurance, industrial injury insurance and housing accumulation fund.

2. Social security is different from five insurances and one gold.

Social insurance only includes five types of insurance, such as endowment insurance, but five insurances and one gold also include housing accumulation fund. That is, five insurances and one gold include social security.

According to the relevant regulations of our country, the unit must pay five insurances and one gold for its employees on time and in full.

3. The payment system is different.

Social security only refers to endowment insurance, and individuals can pay it separately. Five insurances and one gold refer to: old-age insurance, medical insurance, unemployment insurance, industrial injury insurance, family planning insurance (only for female employees) and housing accumulation fund, which can only be paid by the unit, especially industrial injury insurance. Family planning insurance is paid by the unit and does not need to be paid by individuals.

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.

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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.

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.