4hw.com.cn: when many people are looking for a job, whether the company will pay five personal insurances and one fund is also an important consideration. So what is the important role of the five insurances and one fund for us? Let's get to know.
What are the functions of five insurances and one gold
Analysis of the function of five risks and one gold
1. For five insurances and one fund, the more you deduct each month, the more units pay for you. Generally speaking, the unit every month to an employee's five insurances one gold investment is the worker month deducts five insurances one gold amount several times.
2. The payment of social security accumulation fund is tax-free. Not only the individual income tax is not deducted when the social security accumulation fund is paid, but also the interest tax is not deducted when the social security accumulation fund is received. If the social security accumulation fund is paid as a salary, the individual income tax needs to be withheld, and the interest tax will be favorable when it is deposited in the bank.
3. Pay endowment insurance to meet the minimum number of years, after reaching the legal retirement age, you can apply for retirement and receive pension on a monthly basis. Pension can be received until death, and with the improvement of social living standards, it will only increase and not decrease. It will adjust and increase capital every year, which can ensure the stability and reliability of the elderly.
4. After paying medical insurance, you can get medical insurance reimbursement; if the total on-the-job payment meets the minimum number of years, you can enjoy a higher level of medical insurance treatment than on-the-job reimbursement without continuing to pay basic medical expenses after retirement.
5. Payment of maternity insurance can be reimbursed for the expenses of prenatal examination, family planning operation and childbirth operation. Moreover, the birth insurance premium is entirely borne by the unit.
6. Pay unemployment insurance can obtain unemployment insurance benefits and other subsidies when unemployed. Unemployment insurance is a kind of policy insurance, which is usually not available in commercial insurance companies.
7. Pay inductrial injury insurance to be able to get compensation when encountering industrial injury accident or occupational disease, not afraid of ten thousand, just in case, especially in case of some major accidents, don't worry about small companies delaying payment. Moreover, the work-related injury insurance premium is completely borne by the unit.
8. Paying the housing accumulation fund is equivalent to depositing a tax-free income in the same proportion with you, which can be withdrawn for housing related purposes. If it is not used up in the job, it can also be withdrawn at one time after retirement; in addition, the loan interest rate of the housing accumulation fund is lower than that of the commercial loan.
9. After the implementation of the endowment insurance payment system, the actual payment period of social insurance has become the most convincing proof of the working age of enterprises. More and more social security payment certificates are needed, such as proving social working age to confirm the number of days of paid annual leave, for example, when real estate regulation and control, loans need to be paid in local social security for more than one year, and so on.
10. Don't worry too much about inflation or currency devaluation and so on, because the pension plan is composed of two parts, and the individual account pension is completely formed by the individual payment, which will have the same inflation risk as the bank deposit. But the basic pension is linked to the local social average wage and the individual index average wage, which is anti inflation. And after retirement, it will increase capital every year along with the local economic level. The more you pay, the longer you pay, the higher the level of retirement benefits.