Can I just pay the provident fund without paying social security?

Social security and provident fund are relatively independent and managed by different departments, so the answer to the question of whether it is possible to pay only provident fund and not social security is definitely yes. In addition, the biggest difference between provident fund and social security is that the provident fund account is completely a personal account.

If you pay the provident fund, the operation is completely possible. Originally, social security and provident fund were paid separately, but it is not recommended for everyone to do so because many policies require social security and provident fund to be paid together. For example, foreign household registration personnel need to check the wage flow and social security payment when buying a house in Wuhan. If you work in a company, then social security must be paid. After all, it is illegal for a company not to pay social security to its employees, not to mention that the social security expenses generated by normal work are less than those in 300 yuan.

Social security is mandatory for employers to establish labor relations with employees, and provident fund is optional employee welfare of the company. In addition, the requirements for provident fund loans do not include clear provisions for paying social security. Even if you work in a company, in many cases, you only pay social security, not provident fund. Therefore, if you choose to pay, you can only pay the provident fund and not pay social security. If you work in a company and have been paying the local social security continuously, you can use the provident fund loan normally by paying the local provident fund yourself. If you work in a company and have been paying the local social security continuously, you can use the provident fund loan normally by paying the local provident fund yourself.

If you don't have a job at present and don't pay the social security of local employees, you can just pay the provident fund yourself. Although the provident fund loan does not clearly stipulate that you need to pay social security, the provident fund management center or the entrusted bank may check your social security payment as a reference to judge whether you have a stable job and income. Therefore, it is recommended that employees pay social security for at least 6 months before the loan, or they can choose their own payment method.

legal ground

Regulations on the administration of housing provident fund

Article 2 These Regulations shall apply to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC).

The term "housing accumulation fund" as mentioned in these Regulations refers to the 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 and social organizations (hereinafter referred to as units) and their employees.

Article 3 The housing accumulation fund paid by individual employees and the housing accumulation fund paid by the unit where employees work for employees belong to individual employees.

Article 4 The management of housing provident fund shall follow the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, special account storage and financial supervision.