[**up: [[Social insurance, China]]** ] --- # Social insurance system (China) > China’s social insurance system, known as ‘五险一金’ (Wǔxiǎn Yījīn), is a comprehensive framework designed to provide financial security and welfare benefits to its citizens. > > ‘五险一金’ translates to **‘Five Insurances and One Fund’**.[^1] 1. Pension Insurance (养老保险 yǎnglǎo bǎoxiǎn) 2. Medical Insurance (医疗保险 Yīliáo bǎoxiǎn) 3. Unemployment Insurance (失业保险 Shīyè bǎoxiǎn) 4. Work-related Injury Insurance (工伤保险 gōngshāng bǎoxiǎn) 5. Maternity Insurance (生育保险 Shēngyù bǎoxiǎn) 6. Housing Provident Fund (住房公积金 Zhùfáng gōngjījīn) --- > 五险一金 (pinyin: wu xian yi jin) – it means that you are insured for retirement, housing, hospital fees, child rearing, work injury and the loss of your job.[^2] --- ## Pop culture references [[2024-0816. '... the wage and benefits given are rich and generous with many opportunities for promotion and its provided insurance covers all five aspects.'|'... the wage and benefits given are rich and generous with many opportunities for promotion and its provided insurance covers all five aspects.']][^3] [^1]: Beau Parrish, ‘A Simple Look At Social Insurance In China (五险一金)’, *TeamedUP China*, 19 July 2024, https://teamedupchina.com/social-insurance-in-china/. [^2]: Meihua Liu, *[[Meihua Liu. 'Non-Human Seeking Re-Employment', 2019.|Non-Human Seeking Re-Employment]]*, trans. by Chrysanthemum Garden, 2019, ‘Chapter 68: Haiduo Kindergarten’. [^3]: Meihua Liu, *[[Meihua Liu. 'Non-Human Seeking Re-Employment', 2019.|Non-Human Seeking Re-Employment]]*, trans. by Chrysanthemum Garden, 2019, ‘Chapter 68: Haiduo Kindergarten’.