Isn't social security five insurances and one gold?

Social security is not five insurances and one gold. Social security is the abbreviation of social insurance, which refers to five kinds of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance. Five insurances and one gold include not only the above five insurances, but also the housing accumulation fund. Social insurance can provide income or compensation for people who are unable to work, temporarily unemployed or suffer losses due to health reasons.

First, the specific process of paying social security for people from different places is as follows:

1. After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fee. A written application for the transfer of the basic old-age insurance relationship shall be submitted by the employer or the insured to the social security agency of the newly insured place;

2. The social security agency of the newly insured place will review the application for transfer and continuation within 15 working days, send a consent letter to the social security agency where the insured person's original basic old-age insurance relationship is located, and provide relevant information; Do not meet the transfer conditions, make a written explanation to the applicant or the insured;

3. The social security agency where the original basic old-age insurance relationship is located shall handle all the transfer and connection procedures within 05+65438 working days after receiving the bid-winning notice;

4. After the new insurance agency receives the basic old-age insurance relationship and funds transferred by the social security agency where the original basic old-age insurance relationship of the insured person is located, it shall complete the relevant procedures within 15 working days, and notify the employer or the insured person of the confirmation in time;

5. Accumulated calculation of the payment period of endowment insurance, there is a gap in the middle, which can be supplemented or not.

2. Failure to pay social security usually has the following risks:

1, the punishment of the regulatory authorities;

2. Recovery of employees;

3. The reputation of the enterprise;

4. Employees' industrial injury claims;

5, employees can not enjoy pension, medical and other benefits of litigation;

6 to reach retirement age can not enjoy retirement benefits according to law;

7, unable to enjoy the corresponding medical treatment, unemployment treatment, lesbian maternity benefits.

To sum up, the social insurance plan is organized by the government, forcing a certain group to use part of their income as social insurance tax to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility.

Legal basis:

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, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.