Are social security downsizing and provident fund downsizing the same thing?

1. Social security attrition means that after employees leave or retire, enterprises need to delete them from the social insurance payment list and stop paying social insurance premiums for them. Social security attrition includes five social insurances: basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

2. Natural attrition of provident fund refers to the resignation or retirement of enterprise employees, and enterprises need to remove them from the list of housing provident fund deposits and stop paying housing provident fund for them. Provident fund attrition means that after employees leave or retire, enterprises need to delete them from the list of housing provident fund deposits and stop paying housing provident fund for them. Provident fund is a kind of housing provident fund jointly paid by enterprises and employees, which is used for housing-related expenses such as housing purchase, renting and decoration of employees.