The difference between four gold and five insurances and one gold

Legal analysis: The four funds are composed of endowment insurance, medical insurance, unemployment insurance and housing accumulation fund respectively, and the general base of the four funds is a person's monthly salary. Four gold is the part paid by individuals in five insurances and one gold. Five insurances and one gold refer to endowment insurance, medical insurance, unemployment insurance, industrial injury insurance, maternity insurance and housing accumulation fund, in which industrial injury insurance and maternity insurance are not withheld by individuals but paid by units.

Legal basis: Article 72 of the Labor Law of People's Republic of China (PRC).

The social insurance fund shall determine the source of funds according to the types of insurance and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law.