"Five insurances" refers to five types of insurance, including pension insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance; "one fund" refers to the housing provident fund.

Among them, pension insurance, medical insurance and unemployment insurance are premiums paid jointly by enterprises and individuals. Work-related injury insurance and maternity insurance are entirely borne by enterprises.

Individuals do not need to pay.

What should be noted here is that the "five insurances" are statutory, but the "one fund" is not statutory.

Pension insurance payment ratio: 20% for units (all transferred to the overall fund), 8% for individuals (all transferred to personal accounts).

Medical insurance payment ratio: 8% for the unit, 2% for the individual; Unemployment insurance payment ratio: 2% for the unit, 1% for the individual; Work-related injury insurance payment ratio: The unit pays 1% for you every month, and you don’t have to pay a penny; Maternity insurance

Payment ratio: The employer pays 1% for you every month, and you don’t have to pay a cent. Provident fund payment ratio: 5%-12%. The employer can decide and adjust it within this range. The common rate is 8%.

Individuals and employers make equal contributions at a ratio of 1:1.