Are social security and provident fund together?

Insurance Bian Xiao helps you answer, and more questions can be answered online.

At present, the provident fund refers to the housing provident fund, which is jointly paid by the unit and the employees. Long-term housing savings 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.

But there is no such term as social security accumulation fund. Generally speaking, social security and provident fund are linked. It refers to two projects, one is social security and the other is housing accumulation fund. Also known as five insurances and one gold.

Social security refers to the endowment insurance and medical insurance in the national compulsory insurance. Unemployment insurance, maternity insurance and industrial injury insurance. The housing provident fund is called one of the gold.