Are the provident fund and social security paid together?

Provident fund and social security are two different systems, which need to be paid separately, not together.

Provident fund means that employees pay a certain amount of money to the provident fund account during their work in case of emergency. Provident fund is set up by the national government to help workers solve housing problems and improve their quality of life. The proportion of provident fund payment is generally a certain proportion of employees' wages, and the specific proportion varies according to different regions and policies.

Social security means that employees pay a certain amount of money to the social insurance fund according to a certain proportion during their work in case of emergency. Social security includes endowment insurance, medical insurance, industrial injury insurance, unemployment insurance and maternity insurance. Social security is established by the national government to provide social security for employees and reduce their economic burden caused by accidents or diseases. The proportion of social security payment is generally a certain proportion of employees' wages, and the specific proportion varies according to different regions and policies.

Therefore, provident fund and social security are two different systems, which need to be paid separately, not together. Employees must pay the provident fund and social security at the same time during their work, in order to enjoy the relevant benefits and security.

Legal basis:

"Regulations on the Management of Housing Provident Fund" Article 24 If an employee is under any of the following circumstances, he can withdraw the storage balance in the employee's housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.

"Regulations on the Management of Housing Provident Fund" Article 25 The employee's withdrawal of the storage balance in the housing provident fund account shall be verified by the unit to which he belongs, and a certificate of withdrawal shall be issued.

Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.