What's the role of five insurances and one fund? In what proportion?
 What's the role of five insurances and one fund? In what proportion? 1、 The so-called "five insurances and one fund" refers to five kinds of insurance and housing provident fund (one fund): old-age insurance, medical insurance, unemployment, work-related injury, maternity insurance. 2、 The specific payment ratio is as follows: endowment insurance: the unit pays 21% for you every month, and you pay 8% yourself; Medical insurance: the unit pays 9% for you every month, and you pay 2% plus 10 yuan for serious illness pooling (major illness pooling is mainly responsible for hospitalization); Unemployment insurance: the unit pays 2% for you every month, and you pay 1% yourself; Work injury insurance: the company will pay 0.5% for you every month, and you will not pay a penny yourself; Maternity insurance: the unit pays 0.8% for you every month, and you don't need to pay a penny yourself; Housing provident fund: the unit pays 8% for you every month, and you pay 8% yourself. 3. Ten benefits of paying five insurances and one fund: 1. The more individuals pay, the more units will invest for you. The payment of five insurances and one fund is the same base unit and individual bear different proportions, and the unit payment is about twice the individual payment. 2. The payment of social security accumulation fund is tax-free. Not only is the individual income tax not deducted when paying, but also the individual income tax is not deducted when receiving the treatment, and the interest tax is not deducted from the special account; If the salary is paid to the employee, the individual income tax needs to be withheld. If the salary is deposited in the bank, there will also be interest tax. 3. The payment of pension insurance meets the minimum number of years. After reaching the statutory retirement age, you can handle retirement and receive pension on a monthly basis. The pension can be received until death, and with the improvement of social living standards, it will only increase but not decrease. The annual capital increase will be adjusted to ensure the stability and reliability of the elderly. 4. Medical insurance reimbursement can be obtained by paying medical insurance; If the accumulated in-service payment meets the minimum number of years, you can enjoy higher medical insurance benefits than the in-service reimbursement level without having to continue to pay basic medical expenses after retirement. 5. The payment of maternity insurance can reimburse the expenses of prenatal examination, family planning operation and delivery operation. Moreover, the maternity insurance premium is completely borne by the unit. 6. When paying unemployment insurance, you can get unemployment insurance benefits and other subsidies when you are unemployed. Unemployment insurance is a kind of policy insurance, which is usually unavailable in commercial insurance companies. 7. The payment of industrial injury insurance can be compensated in case of industrial accidents or occupational diseases. We don't have to worry about the delay in payment of treatment by small companies in case of accidents, especially serious accidents. Moreover, the work-related injury insurance premium is completely borne by the unit. 8. The contribution of housing provident fund is equivalent to a tax exempt income deposited by the unit in the same proportion as you, which can be withdrawn for housing related purposes. If it is not used up during employment, it can also be withdrawn at one time after retirement; In addition, the interest rate of housing provident fund loans is lower than that of commercial loans. 9. After the implementation of the pension insurance payment system with unified account, the actual payment period of social insurance has become the most convincing proof of the length of service of enterprises. More and more social security payment certificates have been used, such as proving the length of social service to confirm the number of days of paid annual leave. For example, when the real estate is regulated, the loan needs to be paid in the local social security for more than one year, and so on. 10. There is no need to worry too much about inflation or currency depreciation, because pension benefits are calculated and paid in two parts. Personal account pension is completely formed by personal contributions, which will pose inflation risks as bank deposits do; However, the basic pension is linked to the average wage of the local society and the average indexed wage of individuals, which is itself anti inflationary; And after retirement, it will increase capital every year with the local economic level. The more you pay, the longer you pay, the higher the pension benefits after retirement. Do you understand this explanation?