It is five insurance and one gold, five insurance and one gold refers to the collective name of several kinds of protective treatment given to workers by employers, including pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, and housing provident fund. "Individual employed workers shall contribute to the housing provident fund in accordance with the regulations." The housing provident fund is a "shall pay" item, which legally means that it must be paid, and the payment also shows that it is an obligation.
The 13th Five-Year Plan of March 23, 2016, proposed the merger of maternity insurance and basic medical insurance. This means that in the future, with the merger of maternity insurance and basic medical insurance, people are familiar with the "five insurance and one gold" or will become "four insurance and one gold", medical insurance will be merged with maternity insurance, and some large enterprises will purchase benefits for employees, such as personal accident insurance, The company's main goal is to provide the best possible service to its employees.
By the end of June 2017, some pilot areas will merge maternity insurance and employees' basic medical insurance, and maternity expenses will be reimbursed along with general medical expenses for a pilot period of about one year. The first batch of pilot areas include 12 cities, including Handan in Hebei, Jinzhong in Shanxi, Shenyang in Liaoning, Zhengzhou in Henan and Yueyang in Hunan. After the merger of the two insurances, it will be four insurances and one pension in the future. Those who are enrolled in medical insurance can enjoy the benefits of maternity insurance.
Expanded:
The approved contribution base is based on the average social wage of the employees in the province where the employees are located in the previous year (referred to as the provincial social wage):
(a) For any enterprise employee whose salary income is less than 60% of the provincial social wage, the approved contribution base is based on 60% of the approved contribution base; higher than 60% of the provincial social wage, according to the actual wage income approved contribution base, but the maximum shall not be higher than 300% of the provincial social wage.
(2) Individual workers can independently determine the contribution base within the range of 300% above the provincial social wage.
Baidu Encyclopedia - Five insurance and one pension