What does the social insurance hardware include?

The hardware of social insurance should be "five insurances and one gold", including several kinds of security benefits provided by employers, including pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, as well as housing accumulation fund.

1. Old-age insurance: after paying 15 years, you will receive a monthly pension after retirement. You can continue to pay after fifteen years of payment. The longer the payment time, the greater the amount of pension you receive.

2. Maternity insurance: This insurance will cover a large part after the child is born.

3. Medical insurance: This insurance will cover a large part after illness.

4. Unemployment insurance: After continuous payment for one year, unemployment caused by personal wishes, including layoffs and company closures, can receive an unemployment benefit.

5. Work injury insurance: If you are injured at work or suffer from occupational diseases, etc.

6. Housing provident fund: Long-term housing savings can be used when buying a house or renting a house. When using housing provident fund to buy a house, the loan interest rate is very low.

Extended data:

The role of "five insurances and one gold"

The "five insurances" perform their respective duties, and give economic compensation to employees when their labor income decreases due to old age, unemployment, work-related injuries, maternity, illness, etc., so that employees can still have basic living security when they are in difficulties.

In short, these basic living guarantees include old-age insurance. Employees who have paid pension insurance 15 years or more and reached the statutory retirement age can receive a monthly pension.

In terms of medical insurance, employees only need to pay part of the medical expenses when they are sick, and the rest is paid by the medical insurance fund.

In terms of unemployment insurance, employees who have paid unemployment insurance 1 year or more can receive unemployment benefits during unemployment.

In terms of work-related injury insurance, employees who suffer from accidents or occupational diseases due to work reasons can get work-related injury benefits such as subsidies and disability allowances.

In terms of maternity insurance, employees can reimburse maternity medical expenses when giving birth, and receive maternity allowance during maternity leave.

The housing accumulation fund system is a housing security system to improve the living standards of workers in China. As the main body of policy housing finance in China, it is not only conducive to promoting the basic housing consumption of employees and reducing the housing consumption expenditure of employees, but also plays an important role in ensuring the healthy development of the real estate market and supporting the construction of affordable housing.

According to Article 3 of the Regulations on the Management of Housing Provident Fund, the housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit belong to individual employees, and the employees who pay the housing provident fund are paid by their units in the same proportion and amount every month. Both funds belong to individual employees.

Therefore, compared with commercial loans, housing provident fund has the characteristics of mutual assistance and welfare, such as joint payment by units and individuals, low interest and tax exemption, and it also has the function of paying rent in some cities.

Baidu Encyclopedia-Five insurances and one gold (insurance term)