trevelyan on March 28, 2014
@murrayjames,
They're referring to different levels of coverage. The three insurances are:
养老保险 - old age pension
医疗保险 - medical insurance
失业保险 - unemployment insurance
The "five insurances" and "one fund" add:
工伤保险 - work injury insurance
和生育保险 - maternity insurance
住房公积金 - housing fund (technically a fund or 基金)
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