What are five insurances and two gold?

Two of the five insurances and two funds refer to housing accumulation fund and enterprise annuity.

Five insurances and two gold include:

1, "five risks", that is, social insurance, including old-age insurance, medical insurance, work injury insurance, maternity insurance and unemployment insurance;

2, "two gold" including housing provident fund, enterprise annuity;

3. Five insurances and two gold are based on the original five insurances and one gold, and the "enterprise annuity" is added. "Five insurances and one gold" refers to several kinds of security benefits granted to workers by employers, including pension insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance, housing accumulation fund, etc.

4. Among the five insurances and two golds, the three insurances, namely, endowment insurance, medical insurance and unemployment insurance, are premiums paid jointly by enterprises and individuals, while industrial injury insurance and maternity insurance are entirely borne by enterprises, and individuals do not need to pay them;

It should be noted that "five risks" are legal, but "two gold" is not.

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees, which provides a guarantee for employees to solve housing problems quickly and well.

Enterprise annuity refers to the supplementary old-age insurance system voluntarily established by enterprises and their employees on the basis of participating in the basic old-age insurance according to law, which can provide employees with a certain degree of retirement income protection. Enterprise annuity is a supplementary old-age insurance system and a part of multi-level old-age insurance system, which is implemented under the macro guidance of the state and internal decision-making of enterprises.

legal ground

People's Republic of China (PRC) Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to guarantee citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment, medical and health reform, etc. Article 7 The administrative department of social insurance in the State Council is responsible for the management of social insurance throughout the country, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties.

The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.