What social insurance are there?

Social insurance: including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Among them, old-age insurance, medical insurance and unemployment insurance are paid by enterprises and individuals, while industrial injury insurance and maternity insurance are entirely borne by enterprises, and individuals do not need to pay. The "five risks" are legal and compulsory. There is also "one gold", which is what we call the provident fund on weekdays. It is not compulsory by the state, but belongs to the employer's willingness to pay.

1, endowment insurance

Endowment insurance is a social insurance system in which workers get certain economic compensation, material help and services from the government and society after reaching the legal retirement age.

The legal retirement age of enterprise employees in China is: male employees are 60 years old; Female cadres engaged in management and scientific research are 55 years old and female employees are 50 years old.

2. Medical insurance

The basic medical insurance system for urban employees is a social security system based on the affordability of finance, enterprises and individuals to ensure the basic medical needs of employees.

3. Work injury insurance

Industrial injury insurance is also called occupational injury insurance. Workers who suffer from accidental injuries due to work or occupational diseases due to exposure to occupational hazards such as dust, radiation and toxic substances shall be compensated according to law.

4. Unemployment insurance

Unemployment insurance is a system enforced by the state through legislation and set up by the society to provide material assistance to workers who have temporarily interrupted their livelihood due to unemployment.

5. Maternity insurance

Maternity insurance is aimed at the physiological characteristics of fertility behavior. According to the law, when working women temporarily stop working and lose their normal income due to childbirth, the state or society provides them with material help. Maternity insurance benefits include maternity allowance and maternity medical services.

Extended data:

Social insurance (one of the most important components of social security system)

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

References:

Baidu encyclopedia social insurance