Legal subjectivity: Housing subsidies are subsidies provided by the state to solve housing problems for employees; housing provident funds are long-term housing savings deposited by units and their employees.

It can be said that housing subsidies and housing provident funds are both national housing policies. So, what are the differences and connections between the two? 1. What is the difference between housing subsidies and housing provident funds? The difference between housing subsidies and housing provident funds mainly depends on the following two points: 1.

The scope of the housing provident fund is different. The scope of establishment of the housing provident fund is basically all active employees of each unit, and retired employees are not established; the scope of the housing subsidy is the employees of each unit who do not have a house and the housing area does not reach the housing subsidy area corresponding to their rank.

Standard employees, including retired employees, are part of all employees (who meet specific conditions).

2. Different compositions. The housing provident fund is composed of two parts: withholding from wages by individual employees and subsidy by the unit; housing subsidy is a subsidy unilaterally provided to employees by the unit, and does not require individual deductions from wages.

2. What is the connection between housing subsidies and housing provident funds? 1. Under certain circumstances, housing provident funds are equivalent to housing subsidies.

When enterprises and institutions implement monetary housing allocation, they can either establish a supplementary housing provident fund or directly issue housing subsidies.

Therefore, when the unit implements monetization by establishing a supplementary housing provident fund, the newly supplemented housing provident fund department based on the employees' original housing provident fund deposits is essentially a housing subsidy.

2. The housing provident fund and housing subsidies used by the unit to subsidize employees come from the same source.

The sources of these two funds are first based on the transfer of the original housing funds of the units. Insufficient departments distinguish the different natures of the units and allocate or list costs from the fiscal budget.

3. The management and use of housing provident funds and housing subsidy funds are basically the same.

At present, housing subsidy funds must be opened in the housing fund management center system to open an employee housing subsidy account, which is stored in a special account and used specifically according to the housing provident fund, and is accounted separately from the housing provident fund.

The two are basically the same in terms of specific fund management models and usage directions.

4. The tax benefits of housing provident fund and housing subsidies are the same.

These two funds of employees are exempt from personal income tax.

5. The ownership of housing provident fund and housing subsidies are the same.

The housing provident fund and housing subsidy in the employee's personal account belong to the employee personally.

6. For old employees of government agencies and institutions (including enterprises and institutions that refer to the monetary model of government housing allocation) who do not have a house or do not meet the standard, the amount of housing subsidies they receive is related to when the employees established the housing provident fund.

Old employees refer to employees who started working before the end of 1998 (including employees who retired before the end of 1998).

The housing subsidy for old employees without housing in government agencies consists of one-time subsidy and monthly subsidy. The calculation formula of one-time subsidy is: one-time subsidy amount = (employee’s average monthly standard salary in 1998 * monthly housing subsidy coefficient in 1999)

+ (Amount of seniority subsidy in 1999 * Employee’s seniority before the establishment of the housing provident fund system * Housing subsidy area standard); Old employees whose housing does not meet the standard receive the difference subsidy. The formula for calculating the difference subsidy is: difference subsidy amount = (baseline subsidy amount in 1999 +

The amount of seniority subsidy in 1999*the employee’s seniority before establishing the housing provident fund)*the difference area.

Therefore, it can be seen from the formula that whether old employees of government agencies (except those whose housing meets the housing standards) do not have a house or their housing does not meet the standards, the establishment time of their housing provident fund is related to the amount of housing subsidies they receive, although this impact may not be significant.

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7. Under the current new housing allocation system, the main way for employees to solve housing problems is to use funds including housing provident funds, housing subsidies, wages and savings, and through the support of housing loans.

That is, housing provident fund and housing subsidies are two important sources of funds for employees to solve housing problems under the new housing allocation system.

The above is a relevant introduction to the differences and connections between housing subsidies and housing provident funds. I hope it will be helpful for you to understand the differences between housing subsidies and housing provident funds.

The law is objective: Article 15 of the "Regulations on the Administration of Housing Provident Fund" When a unit hires employees, it shall go to the Housing Provident Fund Management Center to handle deposit registration within 30 days from the date of recruitment, and go to the entrusted bank with the review document of the Housing Provident Fund Management Center

Handle the establishment or transfer procedures for employee housing provident fund accounts.

Article 16 of the "Housing Provident Fund Management Regulations" states that the monthly payment and deposit amount of employees' housing provident fund shall be the employee's average monthly salary in the previous year multiplied by the employee housing provident fund payment and deposit ratio.

The monthly payment and deposit amount of the housing provident fund paid by the unit for its employees is the employee's average monthly salary in the previous year multiplied by the unit's housing provident fund payment and deposit ratio.