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What's the difference between social security and five insurances and one fund

What's the difference between social security and five insurances and one fund

4hw.org: modern people pay more and more attention to their vital interests. As the society enters the era of social security for all, many people want to fully understand all aspects of social security. Many people don't have a thorough and comprehensive understanding of social security. Many people mistakenly think that social security is equal to five insurances and one fund. However, it's not. What's the difference between social security and five insurances and one fund? Let's go together Let's have a look! (this article is edited and collated by sihai.com, reprinted and noted with the source, the original link: http://www.4hw.com.cn/life/)

What is the difference between social security and five insurances and one fund?

1. Different concepts: 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 injury insurance. Five insurances and one fund refer to endowment insurance, medical insurance, maternity insurance, unemployment insurance, work-related injury insurance and housing accumulation fund.

2. Different scope: social insurance only includes five types of insurance such as endowment insurance, but five types of insurance and one fund also include housing accumulation fund. That is, five insurances and one fund include social security.

Is social security and five insurances and one fund the same thing?

[answer]: it's not a one-off matter. The "five insurances" in "five insurances and one fund" refers to social security and "one fund" refers to accumulation fund.

2. What is five insurances and one fund? What's the difference with social security?

[answer]: 'five insurances and one fund' refers to endowment insurance, medical insurance, industrial injury insurance, maternity insurance, unemployment insurance and housing fund. The difference between social insurance and social insurance is the difference of coverage and concept. (this article is edited and collated by sihai.com, reprinted and noted with source, original link: http://www.4hw.com.cn/life/)

3. Does the so-called social security include five insurances and one fund? Are they the same? Does the company have to buy five insurances and one fund for its employees?

[answer]: they are different. Social security does not include five insurances and one fund, but five insurances and one fund include social security. According to the relevant regulations of our country, the company must pay five insurances and one fund for employees in full and on time.