Five insurances and one gold specifically include the following contents:
1. Old-age insurance: The purpose of old-age insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life;
2. Medical insurance: the biggest advantage of participating in basic medical insurance is to implement social overall planning, be economical and practical, enhance the ability to resist risks, and ensure the basic medical needs of employees;
3. Unemployment insurance: it is a system enforced by the state through legislation and set up by the society to provide material help to workers who have temporarily stopped their livelihood because of unemployment, so as to ensure the basic livelihood of unemployed people during unemployment and promote their re-employment. It is an important part of the social security system and one of the main items of social insurance.
4. Maternity insurance: the role of establishing maternity insurance system is to ensure that female workers can enjoy protection during childbirth and breastfeeding, so as not to stop working and fall into difficulties in life because of childbirth;
5. Work-related injury insurance: Work-related injury insurance is a social insurance system in which workers are injured, disabled or killed at work and temporarily or permanently lose their ability to work, and the society gives material help. All work-related injury insurance premiums are paid by the employer, and individual employees do not need to pay;
6. Provident fund: it is the long-term housing savings paid by the unit to employees. For employees to buy, build, rebuild, overhaul occupied housing, and no unit or individual may use it for other purposes.
The calculation method of social security five insurance and one gold payment base is as follows:
1. If the wage income of employees is higher than 300% of the local average wage of employees in the previous year, 300% of the local average wage of employees in the previous year will be the payment base;
2. If the wage income of employees is lower than 600% of the local average wage of employees in the previous year, 600% of the local average wage of employees in the previous year shall be the base of payment;
3, the employee's salary is between 300% and 600%, according to the actual declaration. When it is impossible to determine the wage income of employees, the payment base shall be determined according to the local average wage of employees in the previous year published by the local labor administrative department.
To sum up, the payment base of social security is calculated according to the monthly average amount of all wage income of employees in the previous year. The payment base of social security can calculate the amount of social insurance premiums that enterprises or individuals should pay, and the calculation method is to multiply the payment base by the rate.
To sum up, the payment base of five insurances and one gold refers to the payment base when the employer pays social security to employees. Different cities have different payment base standards for five insurances. The social security base of this year will be approved at a fixed time every year, and then the latest upper and lower limits of the payment base will be released.
Legal basis:
Article 60 of People's Republic of China (PRC) Social Insurance Law
The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.
Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.
Article 12
The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.
Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.
Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.