What are the provisions of the labor law on five insurances and one gold?

According to the Labor Law of People's Republic of China (PRC), the employer shall pay social insurance and housing accumulation fund (i.e. five insurances and one fund) on a monthly basis, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance, maternity insurance and housing accumulation fund.

According to the Labor Law of People's Republic of China (PRC), employers should pay social insurance and housing accumulation fund for employees on a monthly basis, that is, five insurances and one fund. Its specific contents include: 1. Old-age insurance: the old-age insurance premium paid by the employer for employees should be calculated according to the employee's payment base and payment period to ensure that employees can get the basic pension after retirement. 2. Medical insurance: The medical insurance premium paid by the employer for employees is to ensure that employees can get corresponding medical insurance when they are sick or injured. 3. Unemployment insurance: the unemployment insurance premium paid by the employer for employees is to ensure that employees can get certain unemployment benefits after they lose their jobs and help them find jobs again. 4. Work-related injury insurance: The work-related injury insurance premium paid by the employer for employees is to ensure that employees can get corresponding compensation and compensation after being accidentally injured or suffering from occupational diseases at work. 5. Maternity insurance: The maternity insurance premium paid by the employer for employees is to ensure that female employees can get certain benefits such as maternity leave and maternity allowance during childbirth. 6. Housing accumulation fund: The housing accumulation fund paid by the employer for employees is to help employees solve their housing problems so that employees can buy and decorate their own houses in the future.

What is the payment ratio of five insurances and one gold? The payment ratio of five insurances and one gold is different in different regions and industries, but generally speaking, the employer should pay according to the proportion stipulated by the local government, and it should also be calculated according to the actual income and payment base of employees.

The employing unit shall strictly abide by the provisions of the Labor Law of People's Republic of China (PRC) and pay five insurances and one gold for its employees in full and on time. This is not only to protect the legitimate rights and interests of employees, but also an important means for employers to maintain their own image and reputation.

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 to protect citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity. Paying social security for workers is the legal obligation of employers, and the law stipulates that enterprises must buy social security for employees. Paying social security for employees is a legal obligation of employers, which is mandatory and inflexible.