Five insurances and three gold.
Generally speaking, the "five insurances" in the "five insurances and one gold" refer to medical insurance, endowment insurance, unemployment insurance, industrial injury insurance and maternity insurance. The "three funds" include the housing accumulation fund, the small enterprise wage guarantee fund and the disabled unemployment guarantee fund, which are collectively referred to as five insurances and three funds. Judging from the current situation, there are indeed many companies that will buy five insurances and one gold for their employees, but few companies can allocate five insurances and three gold for their employees. Basically, they are powerful enterprises, such as central enterprises, state-owned enterprises and a few powerful private enterprises, so there are not many companies that can have this treatment.
"Five insurance and two gold" is the welfare guarantee for employees. Five insurances refer to endowment insurance, industrial injury insurance, maternity insurance, medical insurance and unemployment insurance, which is also commonly known as "social security". The state forces enterprises and employees to pay fees as a security system for employees. Two gold refers to the provident fund and enterprise annuity.
Enterprise annuity refers to the supplementary old-age insurance system voluntarily established by enterprises and their employees on the basis of participating in basic old-age insurance according to law. It is an integral part of the multi-level old-age insurance system, which is jointly implemented by the macro guidance of the state and the internal decision-making of enterprises.
Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.
Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.
Social insurance is a kind of contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.
Characteristics of social insurance
Features 1: the objective basis of social insurance is the risks existing in the labor field, and the object of insurance is the workers themselves;
Feature 2: The subject of social insurance is specific. Including workers (including their relatives) and employers;
Feature 3: Social insurance is compulsory;
Feature 4: the purpose of social insurance is to maintain the reproduction of labor force;
Feature 5: The insurance fund comes from the contributions and financial support of employers and workers. Insurance coverage is limited to employees, excluding other social members. The insurance coverage is limited to all kinds of risks in labor risks, excluding other risks such as property and economy.