On the basis of five insurances and one gold, seven insurances and three gold are supplemented with long-term care insurance and group insurance, personal pension and commercial pension.

Seven insurances and three funds include social insurance (endowment insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance), critical illness insurance, supplementary medical insurance, hospitalization mutual fund, housing accumulation fund and enterprise annuity.

companies in the market are basically five insurances and one gold. Most companies that can buy seven insurances and one gold for employees belong to units with better welfare, so they are more competitive in recruitment. However, five insurances and one gold are also very good, which is stipulated by the state. Therefore, it is illegal for enterprises not to pay five insurances and one gold.

Five insurances and one gold refers to the collective name of several kinds of security benefits provided to workers by employers, including basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, and housing accumulation fund, and seven insurances and three gold are more than five insurances and one gold.

the use of five insurances and one gold

tax exemption is an important use of five insurances and one gold, which avoids the complicated procedures when paying personal income tax and enjoying other social insurance benefits. At the same time, the amount of tax exemption has also been reduced, and individuals can pay part of their funds as wages without paying personal income tax.

Five insurances and one gold are very important for individuals and families, and it is very useful. First of all, by paying five insurances and one gold, economic pressure can be reduced and accidents and economic losses can be avoided. Secondly, the high payment base of five insurances and one gold can provide protection and ensure that individuals can have a certain source of income after retirement.

in addition, individuals and units can choose their own payment grades according to their own conditions to ensure economic stability. In short, the use of five insurances and one gold is very great.