Five social insurances and one fund refer to the collective name of several types of security benefits provided by employers to workers, including pension insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance, as well as housing provident fund.

"Five insurances" refers to five types of insurance, including pension insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance; "one fund" refers to the housing provident fund.

Among them, pension insurance, medical insurance and unemployment insurance, as well as housing provident fund, are premiums paid jointly by enterprises and individuals. Work-related injury insurance and maternity insurance are entirely borne by enterprises and individuals do not need to pay.

What should be noted here is that "five insurances and one housing fund" are legal.

Pension insurance: enterprise contribution amount = the approved total salary of enterprise employees × 20%; individual employee contribution amount = approved payment base × 7% (currently 8%).

The amount of contributions paid by self-employed workers (including individual industrial and commercial households and freelancers) = the approved payment base × 18%.

Medical insurance: Medical insurance premiums paid by individuals (2%) are all credited to personal accounts.

Part of the medical insurance premium (6%) paid by the unit is transferred to individual accounts according to different age groups of employees, and the rest is used as a medical insurance pooling fund.

The funds in the personal account are composed of three parts: first, 2% paid by the employee himself; second, the part transferred from the unit's payment. For those under 45 years old (including 45 years old), 1% of the employee's salary is transferred from the unit's payment.

Those over the age of 45 are credited with 1.5%, and retirees are credited with 4.2% of the pension.

Work-related injury insurance: Work-related injury insurance premiums are paid according to the insurance base, with a payment ratio of 1%, and are paid in full by the company.

Unemployment insurance: The payment ratio is 3%, the unit payment ratio is 2%, and the individual payment ratio is 1%.

Maternity insurance: Maternity insurance premiums are paid according to the insurance base, with a payment ratio of 1%, and are paid in full by the company.

Provident fund: The housing provident fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee personally.

After the employee's personal contribution is withheld by the unit, it is deposited into the housing provident fund's personal account together with the unit's contribution.