In any of the following circumstances, employees may withdraw the storage balance in the housing provident fund account:

1, purchase, build, renovate and overhaul owner-occupied housing;

2. Retired;

3, completely lose the ability to work, and terminate the labor relationship with the unit;

4. Go abroad to settle down;

5. Repay the principal and interest of the owner-occupied housing loan;

6. Employees rent houses for self-occupation. If employees and their spouses have no own houses in Beijing and rent public rental houses or commercial houses, they can withdraw the housing accumulation fund of both husband and wife to pay the rent;

7, life is difficult, is receiving the city minimum living allowance;

8. Encountering unexpected events, causing serious difficulties in family life;

9, migrant workers and units to terminate the labor relationship;

10, who is sentenced to death, life imprisonment or fixed-term imprisonment at the expiration of the statutory retirement age;

1 1, dead or declared dead.

Ninth housing provident fund management committee shall perform the following duties in the management of housing provident fund:

(a) according to the relevant laws, regulations and policies, formulate and adjust the specific management measures of housing provident fund, and supervise the implementation;

(two) according to the provisions of article eighteenth of this Ordinance, formulate the specific deposit ratio of housing provident fund;

(three) to determine the maximum loan amount of housing provident fund;

(four) approval of housing provident fund collection and use plan;

(five) to consider the housing provident fund value-added income distribution plan;

(six) to examine and approve the report on the implementation of the plan for the collection and use of housing provident fund.

Eleventh housing provident fund management center shall perform the following duties:

(a) the preparation and implementation of housing provident fund collection and use plan;

(two) responsible for recording the deposit, withdrawal and use of employee housing provident fund;

(three) responsible for the accounting of housing provident fund;

(four) to approve the extraction and use of housing provident fund;

(five) responsible for the preservation and return of housing provident fund;

(six) the preparation of housing provident fund collection and use plan implementation report;

(seven) to undertake other matters decided by the housing provident fund management committee.