Provident funds can be divided into three types: municipal provident funds, central provident funds, and state-managed provident funds.

Municipal provident fund generally refers to the provident fund handled by municipal management units.

The Central Provident Fund is a provident fund directly managed by the central government.

Provident funds managed by the state refer to provident funds managed by units managed by the state.

What is the difference between provident fund and housing provident fund?

There is no difference between them. Provident fund is housing provident fund.

The housing provident fund refers to the long-term funds paid by relevant state enterprises, state agencies, investment companies and other units for the purchase of houses for employees. The housing provident fund is a category of the housing security system. Every enterprise in the city must provide employees with funds in accordance with national regulations.

Pay housing provident fund.