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What do five insurances and two golds mean?
Legal analysis: Five insurances refer to social security, which is the full name of social insurance, including basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance. Second gold: housing accumulation fund, enterprise annuity.
Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance; Safeguard citizens' right to receive material assistance from the state and society according to law in cases of old age, illness, work injury, unemployment and maternity.
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