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What is six guarantees?

What is six guarantees?

Six guarantees: social security five guarantees+one gold guarantee (non-social security) China has established corresponding guarantees according to six major events that may occur in an ordinary person's life: birth, old age, illness, work injury, unemployment and house purchase.

1) seeing a doctor-basic medical insurance, commonly known as medical insurance;

2) Pension-basic old-age insurance, commonly known as retirement salary or pension;

3) Maternity-basic maternity insurance, commonly known as paid maternity leave;

4) industrial accidents-basic industrial injury insurance;

5) Unemployment-basic unemployment insurance;

6) buying a house-housing provident fund, commonly known as provident fund loan, is not social security, but the interest rate is low when buying a house with this.