Can the provident fund and social security be paid separately by the two companies?

Social security and housing accumulation fund can be paid in two companies respectively. Now many companies only pay social security, and then employees need to buy housing provident fund loans, most of which are remitted, so they can smoothly carry out provident fund loans; Provident fund deposit consists of two parts: employee individual provident fund deposit and employee unit provident fund deposit, which belongs to individual employees.

Legal objectivity:

"Regulations on the Management of Housing Provident Fund" Article 12 The Housing Provident Fund Management Committee shall, in accordance with the relevant provisions of the People's Bank of China, designate a commercial bank entrusted with the financial business of housing provident fund (hereinafter referred to as the entrusted bank); The housing provident fund management center shall entrust the entrusted bank to handle financial services such as housing provident fund loans and settlement, as well as the establishment, deposit and return procedures of housing provident fund accounts. The housing provident fund management center shall sign an entrustment contract with the entrusted bank.