Endowment insurance is a social insurance system in which workers get certain economic compensation, material help and services from the government and society after reaching the legal retirement age. State-owned enterprises, collective enterprises, foreign-invested enterprises, private enterprises and other urban enterprises and their employees, institutions and their employees who implement enterprise management must participate in the basic old-age insurance.
Medical insurance is the basic medical insurance system for urban workers, and it is a social insurance system established to ensure the basic medical needs of employees according to the affordability of finance, enterprises and individuals. All employers, including enterprises (state-owned enterprises, collective enterprises, foreign-invested enterprises and private enterprises, etc. ), organs, institutions, social organizations, private non-enterprise units and their employees must participate in the basic medical insurance. The basic medical insurance fund for urban workers consists of the basic medical insurance social pooling fund and individual accounts. The basic medical insurance premium consists of the employer and the employee's personal account.
Industrial injury insurance is also called industrial injury insurance. When workers suffer from accidental injuries at work or occupational diseases due to exposure to occupational hazards such as dust, radiation and toxic substances, the state and society shall provide necessary material assistance to the injured, disabled and close relatives of the deceased.
Work-related injury insurance premiums are paid by employers, and the collection rate of work-related injury insurance premiums in industries with high incidence of work-related accidents is higher than the general standard. On the one hand, in order to protect workers in these industries from work-related injuries, the work-related injury insurance fund can fully pay the work-related injury insurance benefits for workers with work-related injuries; On the other hand, it is through the collection of high rates that enterprises have a sense of risk, strengthen the prevention of work-related injuries and reduce the casualty rate.
The state enforces the unemployment insurance system through legislation, and social centers set up funds to provide material assistance to workers who have temporarily stopped their livelihood because of unemployment. All enterprises, institutions, social organizations, private non-enterprise units and employees who have signed labor contracts with state organs shall participate in unemployment insurance and enjoy unemployment insurance benefits.
The unemployment insurance fund is mainly used to guarantee the basic livelihood of the unemployed. Urban enterprises, institutions, social organizations and private non-enterprise units pay unemployment insurance premiums at 2% of the total wages, and their employees pay unemployment insurance premiums at 1% of their wages. Units without fixed wages pay unemployment insurance premiums based on the average social wage in the last year in the overall planning area. The unit employs contract workers of farmers and herdsmen who do not pay unemployment insurance premiums.
Maternity insurance is aimed at the physiological characteristics of fertility behavior. According to the law, when working women temporarily stop working and lose their normal income due to childbirth, the state or society provides them with material help. Maternity insurance benefits include maternity allowance and maternity medical services.
The maternity insurance fund consists of the maternity insurance premium paid by the employer and its interest and overdue fine. Maternity allowance for female employees during maternity leave, medical expenses incurred during childbirth, family planning operation expenses for employees and other expenses related to maternity insurance stipulated by the state shall be paid from the maternity insurance fund.