Does social security mean five insurances and one gold?

Legal analysis: social security is not five insurances and one gold. It can only be said that social security is one of the five insurances and one gold, including endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, and "one gold" refers to housing provident fund, which means that social security does not include provident fund. Five insurances and one gold play a great role, and the qualification of buying a house and a car in many places is also linked to it.

In addition to buying a house and a car, the functions of five insurances and one gold are also shown as follows: old-age insurance is used to receive pensions after retirement, as well as funeral expenses and pension expenses; Medical insurance is used for medical reimbursement and enjoys medical insurance benefits after retirement; Unemployment insurance money is used to receive unemployment insurance money and medical expenses subsidies after unemployment; Industrial injury insurance is used to pay for treatment expenses, disability benefits, etc. Maternity insurance is used for maternity leave, maternity allowance, maternity allowance, etc. Housing provident fund can be used for loans to buy houses and rent houses.

Social insurance refers to a social and economic system that provides income or compensation for people 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.

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

Article 64 Social insurance funds include basic old-age insurance funds, basic medical insurance funds, industrial injury insurance funds, unemployment insurance funds and maternity insurance funds. 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.

Article 65 Social insurance funds shall achieve balance of payments through budgets.

When the social insurance fund is insufficient to pay, the people's governments at or above the county level shall give subsidies.

Article 66 The social insurance fund shall establish its budget according to the overall level. In addition to the basic medical insurance fund and maternity insurance fund budget combined, other social insurance fund budgets are compiled separately according to social insurance projects.