Is it okay not to pay five insurances and one housing fund? What are the implications?

The five insurances include endowment insurance.

Medical insurance, unemployment insurance, work-related injury insurance, and maternity insurance.

One gold refers to the housing provident fund. Among them, endowment insurance, medical insurance and unemployment insurance, these three types of insurance and housing provident fund are the premiums paid by enterprises and individuals, and work-related injury insurance and maternity insurance are completely borne by enterprises and do not need to be paid by individuals.

Five insurances and one housing fund. It is related to the medical insurance we use every day, and it is also related to the pension when we are old.

If we do not pay social security, we may not be able to be reimbursed when we see a doctor in the hospital, and we will lose our basic living security when we are old.

Endowment insurance is now in China is a combination of the mode of unified accounts, the part of the endowment insurance paid by the unit is into the overall account, that is, issued to the retired people, their own payment is really into the personal account. Medical insurance is that the money spent on minor illnesses is generally deducted from one's own personal account, and although the particularly large expenses will not be fully reported, the relevant drugs and diagnosis and treatment can be reimbursed. If we don't pay the five insurances, we will lose these basic protections, so it is necessary to find a job that pays the five insurances.

There is really no good place to go without a job with five insurances and one housing fund, you can do it for a few months in the short term, but it is not suitable for a long time!

What will be the impact if you don't pay five insurances and one housing fund?

If you do not pay five insurances and one housing fund, it is a loss for the individual and an illegal act for the company, and the employee can terminate the labor contract and complain to the company. Five insurances and one housing fund are mandatory, and it is illegal for individuals and companies not to pay.

1.At present, the social security management is not very strict, but without paying five insurances and one housing fund, the rights and interests of companies and individuals cannot be guaranteed.

For individuals, social security is related to all aspects of our lives and is a security system for social life. We can use social security to see a doctor and buy medicine, and we can save a lot of money in a year. After retirement, you can receive a pension if you meet the conditions to meet your daily life needs, and you can also plan for the pension in advance.

If there is no social security, personal retirement pension is a big problem, because they are unable to participate in the work and have no economy. Therefore, while you are young, endure more hardships, buy yourself five insurances and one housing fund, and easily retire in the future.

For the company, if the company does not help employees buy five insurances and one housing fund, it is illegal. Employees can complain and report to the company, and basically the company has to pay financial compensation to employees. And if a work-related injury occurs and the company does not purchase work-related injury insurance for the employee, then all work-related injury compensation will be borne by the company.

If the company has purchased work-related injury insurance, the compensation is paid by the work-related injury department.

2.If you don't pay five insurances and one housing fund, it will have a great impact on society.

If everyone does not pay five insurances and one housing fund, and the social security system is insufficient, then it is impossible to ensure the orderly progress of the system. The impact on the pension and medical care of the society is very large.

3.I don't pay five insurances and one housing fund, and when I get old, I can only envy others when I see that others have pensions.

Many people do not have the awareness of buying social insurance, or they have the idea of buying insurance, and they buy commercial insurance, but they can't get the principal back. The cost of buying five insurances and one housing fund for others is cheap, and the benefits after retirement are high. Ordinary people can only regret it because they are now the wrong type of insurance.

Insurance or social security is more reliable, and most of the commercial insurance has no return.

In summary, it is illegal to pay five insurances and one housing fund. For individuals, they lose a lot of benefits, such as pension and medical care. For the company, it is also non-compliant and may face compensation.

The biggest impact on the enterprise is that it may reduce the influence of the enterprise, and it is also an illegal act, which requires the payment of liquidated damages, and the impact on employees is that there is no way to enjoy the rights and interests inside, and there is no guarantee at all.

Our rights and interests are not protected, and no matter what we do, our rights and interests will be violated, we cannot be reimbursed for medical treatment, and our lives are not guaranteed, which will increase our cost of living, and will also cause us to buy a house under great pressure.

If you don't pay five insurances and one housing fund, it will have a greater impact on your life, first of all, there is no pension for the elderly, and secondly, you can't reimburse the medical expenses when you are sick and hospitalized, and if you are unemployed, you can't receive unemployment benefits, and no one will pay for work-related injuries. When buying a house, there will be no CPF to supplement it. Except, of course, for the tycoons who are worth more than 100 million.

Legal analysis: 1. Unable to enjoy endowment insurance and medical insurance.

2. It is impossible to buy a house in some cities.

Legal basis: Social Insurance Law of the People's Republic of China

Article 84 Where an employer fails to register for social insurance, the social insurance administrative department shall order it to make corrections within a set period of time; If the employer fails to make corrections within the time limit, the employer shall be fined not less than one time but not more than three times the amount of social insurance premiums payable, and the person in charge who is directly responsible and other persons directly responsible shall be fined not less than 500 yuan but not more than 3,000 yuan.

Article 85 Where an employer refuses to issue a certificate of termination or dissolution of labor relations, it shall be dealt with in accordance with the provisions of the Labor Contract Law of the People's Republic of China.

Article 86 Where an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up the amount within a time limit, and shall impose a late fee of 5/10,000 per day from the date of non-payment; If the payment is still not made within the time limit, the relevant administrative department shall impose a fine of not less than one time but not more than three times the amount owed.

The consequences of not paying five social insurances and one housing fund are: failure to obtain the right to protect citizens to receive material assistance from the state and society in accordance with the law in the case of old age, illness, work-related injury, unemployment, childbirth, etc., loss of certain legitimate interests, and inability to buy a house in some cities.

Legal basis] Article 10 of the Social Insurance Law of the People's Republic of China.

Employees shall participate in the basic endowment insurance, and the employer and the employee shall jointly pay the basic endowment insurance premiums. Individually-owned businesses without employees, part-time employees who have not participated in the basic pension insurance at the employer, and other flexibly employed persons may participate in the basic pension insurance, and the basic pension insurance premiums shall be paid by the individual. The method of pension insurance for civil servants and staff managed with reference to the Civil Servants Law shall be prescribed by ***.

Article 11. The basic endowment insurance implements a combination of social pooling and individual accounts. The basic endowment insurance is composed of employer and individual contributions, as well as subsidies.

If you still have questions about this issue, it is recommended that you organize the relevant information and communicate with a professional in detail.

Failure to pay five insurances and one housing fund may lead to the following consequences:

1.Labor contract disputes: Employees have the right to require the employer to pay five social insurances and one housing fund for them in accordance with the law, and if the employer fails to fulfill this obligation, the employee can request the employer to compensate in accordance with the law.

2.Fines: Employers who fail to pay five insurances and one housing fund may be fined. According to the relevant laws, employers who fail to pay social insurance premiums in accordance with the regulations shall pay a fine of 50% to 300% of the amount owed.

3.Damage to employees' rights and interests: Employees may have accidents or illnesses during work, and if they fail to pay five insurances and one housing fund, employees will not be able to enjoy relevant medical treatment, work-related injury, unemployment and other insurance benefits, which may cause huge economic pressure on employees and their families.

4.Administrative punishment: If a unit fails to pay social insurance premiums in accordance with regulations, the social insurance agency may order it to pay within a time limit, and if it fails to pay within the time limit, it may take administrative compulsory measures in accordance with law.

Therefore, it is recommended that employers should pay five insurances and one housing fund on time to protect the rights and interests of employees and avoid legal disputes and administrative penalties.

If the employee has not paid the five insurances and one housing fund by the employer, the following consequences will be caused:

1.There is no social security benefit. Paying social security and other five social insurances and one housing fund is one of the important ways to protect the rights and interests of workers, if they do not pay, workers will not be able to enjoy the corresponding social security benefits after leaving the job.

2.Compulsory supplementary social security contributions. If the employee's social security is not paid, the enterprise has the obligation to make up the amount, and if the enterprise refuses to make up the amount, the social security department will impose a fine according to the percentage of the company's social insurance amount and require the company to make up the payment.

3.Legal risks. China's Labor Contract Law clearly stipulates that the employer is required to pay five social insurances and one housing fund to the employee, and those who fail to do so will face legal risks and liabilities such as fines.

4.The credibility of the business is damaged. If an enterprise fails to pay five insurances and one housing fund in accordance with the regulations, it violates the legal obligations of the employer and will have a negative impact on the corporate image.

It may also lead to complaints and investigations by workers and legal authorities, and in serious cases, it may even face consequences such as corporate bankruptcy.

Therefore, in order to protect the rights and interests of employees and avoid possible legal and economic risks, employers should pay five social insurances and one housing fund in accordance with the regulations, and employees can also report the failure to pay five social insurances and one housing fund to the relevant regulatory authorities.

The consequence of not paying five insurances and one housing fund is that all the things involved in medical insurance and other aspects need to be borne by yourself, even if you pay for yourself without insurance, you will spend more money, there is no pension insurance, there is no pension in old age, as for the envy of the late provident fund, that is, you can not use the provident fund when buying a house.

If you don't pay social security, you can't afford to support your old age.

I didn't pay medical insurance, I didn't report to the hospital when I was sick, and I paid it all by myself.

If you don't give birth, you don't report to the hospital when you give birth. All by yourself.

If you don't pay for work-related injuries and unemployment, you will pay less compensation for accidents in distribution work, and you will not be able to find a job if you are laid off and there will be no subsidies.

If you don't pay the provident fund, you can't enjoy low interest rates when you buy a house, and you pay for it yourself.

There is only one benefit, and there are many people who sell sheds.

In addition, the employer must also help pay the same amount of five insurances and one housing fund. (In some places, the social security is doubled, etc.).

There is no allowance for injuries sustained during work, and there is no pension, etc.