What are the five risks? What are the five risks?

1, social endowment insurance is a social insurance system established to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age;

2. Medical insurance is insurance to compensate medical expenses caused by diseases. Social insurance in which employees are provided with necessary medical services or material assistance by society or enterprises due to illness, injury or childbirth;

3. Unemployment insurance refers to a system that is enforced by the state through legislation and established by the society to provide material assistance to workers who temporarily suspend their livelihood due to unemployment;

4. Work-related injury insurance refers to a social insurance system in which workers or their survivors suffer from accidental injuries or occupational diseases at work, or under specified special circumstances, resulting in temporary or permanent loss of working ability and death, and the state and society provide material assistance;

5. Maternity insurance is a social insurance system that the state and society provide timely living security and material assistance to working women who temporarily stop working due to maternity through legislation.

What is the significance and function of five insurances and one gold?

1, old-age insurance is for providing for the elderly, and workers can receive pensions when they reach the legal retirement age;

2. Medical insurance is used for medical reimbursement when employees are sick;

3. Unemployment insurance means that employees receive living expenses after unemployment;

4. Maternity insurance is a maternity reimbursement and related treatment for employees when they give birth;

5. Work-related injury insurance refers to the payment of medical expenses or compensation for work-related injuries for employees who have suffered work-related injuries;

6. Housing accumulation fund is a housing reform. Enterprises and employees each pay a certain amount of housing provident fund, and those who meet the extraction conditions can be withdrawn, or they can enjoy lower housing loan interest when buying commercial housing, thus reducing the economic burden of employees.

To sum up, individual employees should pay the housing provident fund in accordance with the regulations. As a payable item, housing accumulation fund should be legally necessary, and at the same time, payment also shows that it is an obligation. "Five insurances and one gold" is legal. Here, Carefree Future appeals to all job seekers not only to calculate their salary income, but also to grasp the basic rights and interests that individuals deserve, so as to lay the foundation for their long-term career and even longer life.

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.