What are the three major risks?

Three insurances are the most basic social insurance, including endowment insurance, medical insurance and unemployment insurance. The social security system includes social insurance, social relief, social welfare, social preferential treatment and resettlement, basic living security for laid-off workers from state-owned enterprises and re-employment, among which social insurance includes pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Paying three insurances is stipulated in the Labor Law of People's Republic of China (PRC) and the national social security policy, and any employer should insure employees. As long as you sign a formal labor contract with your employer, it should insure you. But these three risks are not from your company, but from yourself and your company. According to the wages of employees, the proportion of units and individuals is generally: pension insurance units bear 20%, individuals bear 8%; 6% for medical insurance units and 2% for individuals; The unemployment insurance unit bears 2%, and the individual bears 1%. Old-age insurance is mainly for getting a pension after retirement in the future, in case the old age is bleak. Medical insurance mainly means that when you are sick and hospitalized, the unit can reimburse about 50% of the expenses, which is also very important.

Labor law of the people's Republic of China

Article 70 The state develops social insurance undertakings and establishes social insurance systems and social insurance funds, so that workers can get help and compensation in old age, illness, work injury, unemployment and childbirth.

Article 71 The level of social insurance should be compatible with the level of social and economic development and social affordability.

Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

Article 73 Laborers shall enjoy social insurance benefits according to law under the following circumstances:

(1) Retirement;

(2) Being sick or injured;

(3) Being disabled at work or suffering from occupational diseases;

(4) unemployment;

(5) bearing.

After the death of an employee, his survivors shall enjoy the survivors' allowance according to law.

The conditions and standards for workers to enjoy social insurance benefits shall be stipulated by laws and regulations.

Social insurance premiums enjoyed by workers must be paid in full and on time.

Seventy-fourth social insurance fund agencies shall manage and operate social insurance funds according to law, and be responsible for maintaining and increasing the value of social insurance funds.

Social insurance fund supervision institutions shall supervise the income and expenditure, management and operation of social insurance funds according to law.

The establishment and responsibilities of social insurance fund handling institutions and social insurance fund supervision institutions shall be prescribed by law.

No organization or individual may misappropriate social insurance funds.