What do you mean by five insurances and three gold?

Five insurances and three funds refer to medical insurance, old-age insurance, unemployment insurance, industrial injury insurance and maternity insurance, and the three funds refer to housing accumulation fund, small enterprise wage guarantee fund and disabled unemployment guarantee fund.

Specifically, it includes the following contents:

1. Old-age insurance: The purpose of old-age insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life;

2. Medical insurance: the biggest advantage of participating in basic medical insurance is to implement social overall planning, be economical and practical, enhance the ability to resist risks, and ensure the basic medical needs of employees;

3. Unemployment insurance: it is a system enforced by the state through legislation and set up by the society to provide material help to workers who have temporarily stopped their livelihood because of unemployment, so as to ensure the basic livelihood of unemployed people during unemployment and promote their re-employment. It is an important part of the social security system and one of the main items of social insurance.

4. Maternity insurance: the role of establishing maternity insurance system is to ensure that female workers can enjoy protection during childbirth and breastfeeding, so as not to stop working and fall into difficulties in life because of childbirth;

5. Work-related injury insurance: Work-related injury insurance is a social insurance system in which workers are injured, disabled or killed at work and temporarily or permanently lose their ability to work, and the society gives material help. All work-related injury insurance premiums are paid by the employer, and individual employees do not need to pay;

6. Provident fund: it is the long-term housing savings paid by the unit to employees. For employees to buy, build, rebuild, overhaul occupied housing, and no unit or individual may use it for other purposes;

7. Small enterprise wage protection fund: refers to the social and economic system in which the employer defaults on the wages of employees, and the competent department advances a certain amount of wages to employees with the wage protection fund in accordance with the relevant regulations when the situation stipulated in these regulations occurs;

8. Unemployment protection for disabled people: Eligible disabled people apply for unemployment insurance system to ensure their basic livelihood.

The payment conditions for five insurances and three exchanges are as follows:

1, establish a labor contract relationship with the employer and sign a labor contract;

2. The employer is a legal enterprise in China that has gone through the business license and other formalities and registered social security and housing provident fund according to regulations;

3. He is a legal citizen of China;

4. regardless of the household registration, you can apply for five insurances and one gold regardless of the town, rural area, foreign place and local area.

The information required for handling five insurances and three funds is as follows:

1. Company, labor contract, personnel increase form and salary certificate;

2. Individuals, copies of ID cards, photos, attrition tables or account numbers.

To sum up, five insurances and three payments refer to several kinds of security benefits provided by employers, including old-age insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance, housing provident fund, small enterprise back-pay security fund and disabled unemployment security fund.

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.

Article 58

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.