First gear, second gear, third gear.

Five insurances and one fund refer to: pension insurance, unemployment insurance, work-related injury insurance, maternity insurance, medical insurance, and housing provident fund.

The provident fund stipulated by the state is at least 5% of salary, and can be more than 5%.

Basic medical insurance is divided into three forms: first level, second level and third level according to payment and corresponding benefits. Among them, the first level has the lowest protection and the third level has the highest protection.

The basic medical level means that individuals pay 8% of the payment base, and companies pay 20% of the payment base.

The payment base is usually your monthly basic salary.

The coverage content of each level is different.

Article 12 of the "Social Insurance Law" The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them into the basic pension insurance pooling fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record them into their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund

and personal accounts.