What are these five kinds of insurance?

1, old-age insurance: As the name implies, old-age insurance actually means that you can get a certain pension when you reach retirement age. The endowment insurance in social security means that when you are on the job, the unit and the employee pay the same fee. The more you give, the more you will get in the future. The longer you give, the more you will get in the future. The minimum payment period needs to be 15 years.

2. Medical insurance: Generally speaking, medical expenses can be reimbursed when you are sick, and as long as you pay for a certain number of years (25 years for men and 20 years for women in most cities), you can enjoy medical insurance benefits for life without continuing to pay after retirement.

3. Maternity insurance: Maternity insurance actually means that women can reimburse medical expenses arising from childbirth, and they can also receive a certain maternity allowance during maternity leave. In addition, the insurance is paid by the company, and employees do not have to pay it.

4. Unemployment insurance: The so-called unemployment insurance actually means that you can get compensation after being forced to lose your job, and the unit pays all the expenses, and the employees do not have to pay.

5. Work-related injury insurance: Work-related injury insurance is also an insurance that only needs to be paid by the unit, and you don't need to pay by yourself. You can get some compensation after a work-related injury.

Medical insurance, old-age insurance and unemployment insurance in the five insurances are jointly paid by units and individuals, and industrial injury insurance and maternity insurance are paid in full by units. Individuals need to bear 8% pension insurance, 2% medical insurance and 0.5% unemployment insurance. If the monthly salary is about 4,000 yuan, it will probably need to be paid to 420 yuan in one month.

In terms of "five risks", the sharing ratio between units and individuals is generally: pension insurance units bear 20%, and individuals bear 8%; 6% for medical insurance units and 2% for individuals; Unemployment insurance unit 2%, individual1%; 1% maternity insurance shall be borne by the unit; 0.8% of work-related injury insurance is also borne by the unit, and individual employees do not bear maternity and work-related injury insurance.

In terms of content, social insurance refers to a security system that takes workers as the protection object, takes special events such as old age, illness, disability, unemployment and death as the protection content, and is characterized by government coercion.

Risks of "five insurances and one fund": Many start-ups will face some risks in order to save costs by paying less or even not paying employees' five insurances and one fund: according to the Social Insurance Law and the Regulations on the Management of Housing Provident Fund, enterprises that fail to pay social security for their employees in full and on time will be charged a late payment fee of five ten thousandths, or even a fine of more than three times the unpaid amount/kloc-0; Those who fail to pay the provident fund within the time limit will be fined 1 1,000 yuan to 50,000 yuan.