In the early 1990's, the welfare housing system has been dying away from our life. And a new housing system, the housing provident fund system has taken its place. The housing provident fund system is set up for changing the present housing system which is based on the housing system in Singapore. Since 1991 when the housing provident fund system was set up, after fifteen years' development, it is becoming more and more completed. The housing provident fund system really improves the buying ability of the workers in small towns and also improves the living standard of them. It has made great devotion to the housing insurance system in our country.Although the housing provident fund system is set up based on Singapore's housing provident fund system, the two is still different in some ways. First, the content is different. The housing system in Singapore includes endowment, housing, medical treatment, education, investment and so on. It is a comprehensive social security system. Not only does it supply the inhabitants in Singapore with a variety of social securities, but also it... |