How to pay social security for three insurances?

It is illegal to pay social security three insurances.

The employing unit must pay five insurances, namely, endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. According to the provisions of the Social Insurance Law, the employer shall register social insurance for employees within 30 days from the date of employment and pay social insurance premiums in full and on time. Unless due to legal reasons such as force majeure, payment shall not be postponed or reduced. The social insurance premiums payable by employees shall be withheld and remitted by the employer, and the employees shall be informed of the payment details every month. Paying only three insurances is not in compliance with the law and may be punished accordingly.

Basic components of social security:

1. Old-age insurance: providing basic living security for employees after retirement;

2. Medical insurance: medical expenses subsidies for employees and their families;

3. Unemployment insurance: providing living expenses for unemployed workers for a certain period of time;

4. Work-related injury insurance: providing medical and economic compensation for employees who suffer from work-related injuries or occupational diseases;

5. Maternity insurance: give certain financial subsidies to female employees for maternity.

To sum up, the employer must pay five insurances for workers, namely, endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. It is illegal to fail to pay or only pay three insurances, and may be punished by corresponding laws.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.