What are five insurances and one gold? What's the function?

"Five insurances" refers to five insurances, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, and "one gold" refers to housing accumulation fund.

The role of five insurances and one gold:

1, pension insurance? In order to support the elderly, workers can receive pensions when they reach the legal retirement age.

2. Medical insurance is used for medical reimbursement when employees are sick.

3. Unemployment insurance is to receive living expenses after employees lose their jobs.

4. Maternity insurance refers to the maternity of employees as maternity reimbursement and related treatment.

5. Work-related injury insurance refers to the payment of medical expenses or compensation for work-related injury treatment when employees suffer work-related injuries.

6. Housing accumulation fund is a housing reform. Enterprises and employees each pay a certain amount of housing provident fund, and those who meet the extraction conditions can be withdrawn, or they can enjoy lower housing loan interest when buying commercial housing, thus reducing the economic burden of employees.

The payment ratio of units and individuals with five insurances and one gold is as follows:

1. Endowment insurance: the unit pays 19%, and the individual pays 8%. There are two conditions for receiving pension insurance benefits: you must reach the statutory retirement age and the payment period must reach 15 years or more.

2. Medical insurance: the unit pays 6% and the individual pays 2%. From the date of insurance payment, employees can enjoy basic medical insurance benefits after 6 months.

3. Work-related injury insurance: paid by the employer. The industrial injury insurance rate is divided into 8 grades of 0.6%-3.6% * *, and the social security agency will verify the rate according to the characteristics of the industry to which the unit belongs.

4. Maternity insurance: paid by the employer. Maternity insurance rate is 0.3%. Male workers participate in maternity insurance, and if their wives are not insured, they can also enjoy certain maternity allowance when giving birth.

5. Unemployment insurance: the unit pays 0.6% and the individual pays 0.4%. Unemployment insurance can only be enjoyed after paying for one year. Generally, it is paid for two months a year and four months every two years, but the longest period of enjoyment cannot exceed 24 months.

6. Housing accumulation fund: units and individuals pay the same amount. Housing provident fund must be deposited continuously for 6 months before it can be applied for use. It has two purposes: one is to apply for loans such as house purchase or decoration, and the other is to withdraw cash directly from the account.

Extended data:

According to the relevant regulations, employees who participate in basic old-age insurance, basic medical insurance, unemployment insurance, work injury insurance and maternity insurance shall determine the payment base according to their average monthly salary in the previous year.

Generally speaking, the higher the salary, the higher the payment base of social security, and vice versa, but there are upper and lower limits on the payment base.

For people whose income is too high or too low, the upper and lower limits of the payment base should be set accordingly: if the average salary of employees in the previous year is lower than the lower limit, the lower limit will be used as the payment base; Above the upper limit, the upper limit is used as the base of payment; If the average monthly wage is between the upper limit and the lower limit, the payment base of endowment insurance shall be determined according to my actual wage income.

Take Beijing as an example. Many companies pay social security according to the salary base of 3082 (the lowest payment base of social security in Beijing last year) when the actual salary is 10000! Moreover, this reality is likely to change after the social security fee is uniformly collected by the tax authorities.

References:

Baidu encyclopedia-five insurances and one gold