Does the social security you buy include a housing fund?

Social security does not include a housing fund.

What is included in social security:

1, pension insurance;

2, medical insurance;

3, unemployment insurance

4, industrial injury insurance;

5, maternity insurance.

"Five insurance" refers to five kinds of insurance, including pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Among them, pension insurance, medical insurance and unemployment insurance, these three kinds of insurance is by the enterprise and individual **** with the premiums paid, industrial injury insurance and maternity insurance is entirely borne by the enterprise. Individuals do not need to pay. It is important to note that the "five insurance" is legal.

Expanded:

Social insurance premiums are collected by the government. p>Methods of Collecting Social Insurance Premiums

1. Proportional Premium System

This method is based on the insured's salary income, and a certain percentage is set so as to collect the premiums.

Adopting the proportional system, the main purpose of the original social insurance is to compensate the insured for the loss of income during the risky accidents, in order to maintain their minimum livelihood, so it must be referred to their usual income, on the one hand, as a measure of the standard of payment, and on the other hand, as the basis for the calculation of premiums.

The greatest defect of the proportional premium system based on work is that the burden of social insurance is directly linked to wages. Whether both employers and employees bear the burden of social insurance premiums or one of them does, the burden of social insurance is manifested in an increase in the cost of labor, and the result will be the crowding out of labor by capital, which will lead to an increase in unemployment.

2. Equalization of premiums

This means that the same amount of premiums is charged regardless of the income of the insured or the employer. The advantage of this system is that the calculation is simple, easy to implement; and the use of this method of collecting insurance premiums in the country, in its payment, generally also adopts the equalization system, has the meaning of income and expenditure are equal. But its defect is that low-income people and high-income people pay the same premiums, in terms of affordability is obviously unfair.

Baidu Encyclopedia-Social Insurance