Legal Analysis: No relation.
The housing provident fund is a long-term housing savings deposited by the unit and its employees. It is the main form of monetization, socialization and legalization of housing distribution.
Legal basis: "Social Insurance Law of the People's Republic of China" Article 64 Social insurance funds include basic pension insurance funds, basic medical insurance funds, work-related injury insurance funds, unemployment insurance funds and maternity insurance funds.
Each social insurance fund shall establish separate accounts according to the types of social insurance insurance, conduct separate accounting, and implement the unified national accounting system.
Social insurance funds are earmarked for exclusive use and may not be misappropriated or misappropriated by any organization or individual.
Basic pension insurance funds will gradually implement national pooling, and other social insurance funds will gradually implement provincial level pooling. The specific time and steps will be stipulated by the State Council.