1. "Five insurances": 1. Endowment insurance; 2. Medical insurance; 3. Unemployment insurance; 4. Employment injury insurance; 5. Maternity insurance

insurance).

2. “One Fund”: Housing Provident Fund (Housing Provident Fund).

Extended information: 1. Basic medical insurance premiums are paid jointly by the unit and individual employees.

Payment is based on the insurance premium base.

For example, the payment ratio in Beijing is 10% for units and 2% for individuals.

Starting from the month after the employee is approved for statutory retirement, the individual will no longer pay basic medical insurance premiums.

(Please refer to local policies and regulations for details.) 2. All medical insurance premiums paid by individuals will be credited to their personal accounts.

Part of the medical insurance premiums paid by the unit is transferred to individual accounts according to different age groups of employees, and the rest is used as a medical insurance pooling fund.

The funds in the personal account are composed of three parts: first, the part paid by the employee himself; second, the part transferred from the unit's payment. For those under 45 years old (including 45 years old), 1% of their salary is transferred from the unit's payment, 45

Those over the age of 10 are credited with 1.5%, and retirees are credited with 4.2% of the pension.