1. The difference between social security and five insurances and one housing fund
1. The five insurances and one housing fund are statutory, of which the five insurances are social security, but the five insurances are only social security in the narrow sense for urban workers, which is mandatory. In a broad sense, social security is not mandatory, and a housing fund is not social security, but it is also mandatory if it does not join the social security due to historical factors and other reasons.
2. One gold refers to the housing provident fund, in the five insurances, the first three types of insurance are jointly paid by enterprises and individuals, and the last two types of insurance are completely borne by enterprises. That is, the employer pays five insurances and one housing fund, and the employee pays three insurances and one housing fund, which is an important reason for the coexistence of these two statements.
Second, what are the conceptual differences?
1. Social security is the abbreviation of social insurance, which refers to five types of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance, and work-related injury insurance. The five insurances and one housing fund refer to endowment insurance, medical insurance, maternity insurance, unemployment insurance, work-related injury insurance and housing provident fund.
2. The scope is different: social insurance only includes five types of insurance, such as endowment insurance, but five insurances and one housing fund also include housing provident fund. That is, five insurances and one housing fund include social security.
Third, is social security the five insurances?
No. Social insurance refers to five types of insurance: endowment insurance, medical insurance, maternity insurance, unemployment insurance, and work-related injury insurance. The five insurances and one housing fund refer to endowment insurance, medical insurance, maternity insurance, unemployment insurance, work-related injury insurance and housing provident fund. Social insurance only includes five types of insurance, such as endowment insurance, but five insurances and one housing fund also include housing provident fund. That is, five insurances and one housing fund include social security. Article 72 of the Labor Law stipulates that social insurance shall determine the funds according to the type of insurance, and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums in accordance with the law.