Legal Subjectivity:

With the economic development of Chengdu in recent years, many outsiders have come to Chengdu to work and settle down, which has also caused many problems. Among them, the housing provident fund is the Regarding the key issues of concern, the editor has compiled relevant content. You are welcome to read it. I hope this content will be helpful to everyone. 1. What is housing provident fund? 1. my country’s housing provident fund has certain regulations, which generally refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The long-term housing savings deposited by the company are a reward and welfare system for the company's employees. 2. What we need to explain here is that if you are a rural resident, then you are not qualified to apply for housing provident fund, because our country’s laws stipulate that rural areas do not establish a housing provident fund system. This is the current legal requirement and has been implemented. For many years. 3. The unit pays the housing provident fund, and the employees of the unit also need to pay part of it. The unit needs to deduct part of the housing provident fund paid by the employees every month, and then deposit it into the individual housing provident fund account together with part of the housing provident fund paid by the unit to the employees. within so that employees can withdraw it themselves when using it. 4. Freelancers and retirees cannot apply for housing provident fund. Freelancers here refer to entrepreneurs and business individuals in monthly units. This part of the population cannot apply for housing provident fund. In addition, retired personnel cannot apply for housing provident fund. Handling of housing provident fund. 2. What are the housing provident fund policies? 1. On January 20, 2015, the Ministry of Housing and Urban-Rural Development of the People’s Republic of China, the Ministry of Finance, and the People’s Bank of China issued a notice clarifying the conditions for rent withdrawal: employees must pay continuously and in full. If the housing provident fund has been deposited for 3 months, and the person and his spouse do not own a house and rent a house in the depositing city, the couple can withdraw the housing provident fund to pay rent. At the same time, the notice also provides more specifications and explanations on issues such as withdrawal amounts, rental withdrawal conditions, withdrawal review efficiency, etc. 2. On January 28, 2015, the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People’s Bank of China jointly issued a notice clarifying that employees who have paid and deposited housing provident funds in full for three consecutive months, and who themselves and their spouses do not own houses and rent houses in the city where the deposit is made, shall , both spouses can withdraw housing provident funds to pay rent. Previously, to withdraw provident funds to pay rent, you also needed to submit rent invoices, tax payment certificates, etc. 3. On October 23, 2015, the General Office of the People's Bank of China issued the "Notice of the People's Bank of China on Lowering the Benchmark Interest Rates for RMB Loans and Deposits of Financial Institutions and Further Promoting the Market-Based Reform of Interest Rates" and decided to lower the benchmark interest rates starting from October 24, 2015. The benchmark interest rates for RMB loans and deposits of financial institutions will be further promoted by the market-oriented reform of interest rates, and the interest rates on personal housing provident fund deposits will be lowered. Among them, the interest rate of personal housing provident fund deposits collected that year remained unchanged at 0.35; the interest rate of personal housing provident fund deposits carried forward from the previous year was lowered from the current 1.35 to 1.1, a decrease of 0.25 percentage points, and the interest rate of personal housing provident fund loans remained unchanged. In summary, these are the answers about the housing provident fund compiled by the editor for you. Generally speaking, this is the case for the housing provident fund in my country’s existing policies and regulations. If you still have questions, you can consult the relevant websites or departments. If you need more legal answers, you can consult a lawyer online! Legal objectivity:

The concept of housing provident fund. Housing provident fund refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social Long-term housing savings deposited by groups and their employees. The definition of housing provident fund includes the following five aspects: (1) Housing provident fund is only established in cities and towns, and no housing provident fund system is established in rural areas. (2) The housing provident fund system is established only for current employees. The housing provident fund system is not applicable to unemployed urban residents and retired employees. (3) The housing provident fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee personally.

After the employee's personal contribution is withheld by the unit, it is deposited into the housing provident fund's personal account together with the unit's contribution. (4) The long-term nature of housing provident fund deposits. Once the housing provident fund system is established, employees must make uninterrupted contributions in accordance with the regulations while on the job. Except for the employee's retirement or other circumstances stipulated in the "Housing Provident Fund Management Regulations", it shall not be suspended or interrupted. It reflects the stability, uniformity, standardization and mandatory nature of the housing provident fund. (5) The housing provident fund is a personal housing savings deposited by employees in accordance with regulations and used specifically for housing consumption expenditures. It has two characteristics: First, it is cumulative, that is, although the housing provident fund is a component of employee wages, it is not in the form of cash. The housing provident fund shall be distributed and must be deposited into a special account opened by the Housing Provident Fund Management Center at the entrusted bank for special account management. The second is specificity. The housing provident fund is earmarked for special purposes. During the storage period, it can only be used to purchase, build, or overhaul self-occupied housing or pay rent according to regulations. Employees can withdraw the housing provident fund from their accounts only when they retire, die, completely lose their ability to work, terminate their labor relationship with their employer, or move their household registration out of their original city of residence. According to our country's regulations, all enterprises should deposit housing provident funds for their employees, regardless of state-owned enterprises and private enterprises. The housing provident fund refers to the long-term housing savings deposited by state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social groups and their employees. Only urban residents and urban employees have it.