The difference between four risks and five risks

The so-called "four insurances and one fund" generally refers to old-age insurance, unemployment insurance, medical insurance, industrial injury insurance and housing accumulation fund. "Five insurances and one gold" refers to old-age insurance, unemployment insurance, medical insurance, industrial injury insurance, housing accumulation fund plus maternity insurance. Because not every worker participates in maternity insurance, many people use the word "four insurances and one gold" instead of "five insurances and one gold". There is no difference in essence.

However, the statement of "four insurances and one gold" does not meet the requirements of the insurance regulations, and it can also be said to be incomplete. According to the Social Insurance Regulations, the state forces employers to handle various social insurances for workers, including pension, medical care, unemployment, maternity and industrial injury insurance, commonly known as "five insurances". "Five risks" are indispensable, which is the right that every worker must enjoy. As we know, in China, in order to save money, private owners try their best to avoid all kinds of social responsibilities and try their best not to pay or pay less social insurance. However, their illegal activities have not been strongly attacked by social security agencies, but have been acquiesced. In fact, the concept that social insurance is the so-called "three insurances and one gold" or "four insurances and one gold" has been formed in society.

In addition, the housing accumulation fund is not enforced by social insurance, but a welfare treatment brought by the employer to employees, which can be paid without paying. Of course, in some areas, housing provident fund is compulsory, which is also the embodiment of the territoriality of insurance.

Legal basis: Article 64 of People's Republic of China (PRC) Social Insurance Law.

Social insurance funds include basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country.

The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it.

The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.