it's illegal for a company not to pay five insurances and one gold to its employees. If the employer fails to apply for social insurance registration, the social insurance administrative department shall order it to make corrections within a time limit; If no correction is made within the time limit, the employer shall be fined more than one time and less than three times the amount of social insurance premiums payable; The person in charge who is directly responsible and other persons who are directly responsible shall be fined from 511 yuan to 3,111 yuan.

Five risks are legal, but one gold is not. It is illegal not to pay five risks. The company must provide social security for its employees, which is legal. It is not illegal for a company to pay only five insurances but not one gold. It is illegal for an employer not to pay five insurances for its employees, and it is not illegal to pay one gold. Five insurances and one gold refers to the collective name of several kinds of security benefits given to workers by employers, including endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, and housing accumulation fund.

Five insurances and one gold are the collective names of several kinds of security benefits provided to workers by employers, including pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, and housing accumulation fund. The housing accumulation fund is a long-term housing deposit paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees. According to the relevant regulations of China's provident fund center, under normal circumstances, individuals can't pay the housing provident fund, and of course they can't apply for the housing provident fund. Instead, they must be set up and paid by the unit, and if they pay the provident fund, they must have the official seal of the unit finance.

Legal basis

Article 84 of the Social Insurance Law of the People's Republic of China

If an employer fails to register for social insurance, the social insurance administrative department shall order it to make corrections within a time limit; If no correction is made within the time limit, the employer shall be fined more than one time and less than three times the amount of social insurance premiums payable, and the directly responsible person in charge and other directly responsible personnel shall be fined more than 511 yuan and less than 3,111 yuan.

Article 86 If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and an overdue fine of 5/11111 shall be added daily from the date of default; If it fails to pay within the time limit, the relevant administrative department shall impose a fine of more than one time and less than three times the amount owed.