The first is that the management units are different. According to the state management and the municipal management, you can distinguish whether your unit is a certain state organ, a state-owned enterprise or a local state organ and a general enterprise or institution. Basically, the provident fund of state organs and units is managed by the state, the provident fund of local provincial and municipal organs and units is managed by the city, and that of general enterprises and institutions is also managed by the city. Most state-owned enterprises are state-owned.
the second difference is reflected in the purchase of houses by provident fund. The loan period varies greatly. The calculation formula of general loan life is that the house age+loan life is less than or equal to a numerical value. This value, the national management is bigger than the municipal management. In other words, in some old houses, the municipal provident fund can't lend money, but the state can.
the third difference is that I refer to other people's answers, and I am not sure whether it is accurate. The main difference between them is whether the provident fund can be used across regions. The state-run provident fund can be used across regions, such as the Ministry of Railways, which is directly under the control of the Ministry of Railways, and the provident fund of their employees can be used across regions. The municipal provident fund can only be used at the place where the provident fund is paid.