Does Tianjin Housing Provident Fund need social security for one year?

New social security regulations in 2020: Social security and provident fund must be paid simultaneously. Before the new regulations, there was no strong requirement for five insurances and one gold, and social security was compulsory by the state. Therefore, in order to control expenditure, many enterprises only pay social security to employees, not provident fund.

The housing accumulation fund system is actually a housing security system and a form of monetization of housing distribution. The housing accumulation fund paid by the unit for employees is an integral part of employees' wages. It is the unit's obligation to pay the housing provident fund for employees, and it is the legal right of employees to enjoy the housing provident fund policy. Therefore, the practice of enterprises not paying housing provident fund for you violates your legal rights. However, because the housing provident fund is not within the scope of the labor contract law, it is illegal for enterprises not to pay the provident fund for you, which also infringes on your legitimate rights and interests, but it cannot be regarded as a labor dispute and cannot be resolved through labor arbitration.