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What does the housing provident fund show as a seal?
What does it mean to seal up the provident fund account?

The storage of housing provident fund refers to the situation that the housing provident fund account cannot be transferred due to the interruption of the wage relationship between the unit and the employees (but the labor relationship remains), which does not meet the conditions for withdrawing housing provident fund from the account cancellation. The interrupted housing provident fund account shall be sealed.

If the employee's housing provident fund deposit is interrupted due to one of the following circumstances, and the employee's housing provident fund account cannot be transferred and the employee does not meet the conditions for withdrawing the housing provident fund, the interrupted housing provident fund account shall be sealed; Sealed housing provident fund accounts are sealed households:

1, when the unit is changed or terminated, it is impossible to handle the transfer formalities of employee housing provident fund account;

2. The employee's contract expires, is not renewed or is dismissed during the contract period, and has not been employed by other units;

3. The employee resigns or is dismissed or removed from the company, and is not employed by other companies;

4, the worker was sentenced to reeducation through labor;

5. The employee and the unit agree to keep the social security relationship, except that I voluntarily continue to pay through the original unit;

6. After the employee enters the re-employment center, the original unit has closed down or stopped production;

7. Employees leave without pay, except those who voluntarily continue to pay through the original unit;

8. If the wage income of employees is interrupted due to other circumstances, the housing provident fund account shall be sealed upon my application.

Article 15 of the Regulations on the Management of Housing Provident Fund, if a unit employs employees, it shall go through the deposit registration at the housing provident fund management center within 30 days from the date of employment, and go through the formalities for the establishment or transfer of employee housing provident fund accounts.

Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account.

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What does the storage of provident fund mean?

The storage of housing provident fund is called housing provident fund account storage, which means that when the wage relationship between the unit and the employees is interrupted (but the labor relationship is still maintained), the housing provident fund deposit is interrupted, and the housing provident fund account cannot be transferred and does not meet the conditions for withdrawing housing provident fund, the interrupted housing provident fund account should be sealed.

When you enter a new company, you can unseal it, and some companies don't. If the employees transferred from the next company have no employment in the new unit after the termination of labor relations with the original unit, the original unit shall transfer the housing provident fund account to the central custody account for management within 30 days from the date of termination of labor relations.

Article 14 of the Regulations on the Management of Housing Provident Fund shall, within 30 days from the date of establishment, go to the housing provident fund management center to register the deposit of housing provident fund, and within 20 days from the date of registration, go through the formalities for the establishment of housing provident fund accounts for employees of this unit.

Where a unit is merged, divided, revoked, dissolved or bankrupt, the original unit or liquidation organization shall, within 30 days from the date of the above-mentioned situation, go to the housing provident fund management center to handle the change or cancellation of registration, and handle the transfer or seal-up procedures for the employees of the unit within 20 days from the date of completing the change or cancellation of registration.

Fifteenth units to hire employees, should be within 30 days from the date of employment to the housing provident fund management center for deposit registration, and for the establishment or transfer of employee housing provident fund accounts.

Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account.

What does the provident fund show as a seal?

The storage of housing provident fund refers to the state that the unit and employees interrupt the wage relationship and temporarily suspend the deposit of housing provident fund, and their accounts cannot be transferred, which does not meet the cancellation conditions. When the sealed employees re-employment and resume labor relations, the new unit shall pay the housing provident fund according to the regulations, and the housing provident fund management center shall restore the sealed housing provident fund account.

Units employing employees shall, within 30 days from the date of employment, go to the housing provident fund management center for deposit registration, and go to the entrusted bank for the establishment or transfer of employee housing provident fund accounts with the audit documents of the housing provident fund management center. Where the unit terminates the labor relationship with the employee, the unit shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center to register the change, and go to the entrusted bank to handle the transfer or sealing procedures of the employee housing provident fund account with the audit documents of the housing provident fund management center.

Sealing means that the unit stops paying the provident fund for employees. Employees who have not paid social security can transfer insurance vouchers instead of social security when they leave their jobs, cancel their accounts in the provident fund management department, and withdraw the amount, which is the principal and interest of the employee's provident fund account.

What does it mean to seal up the housing provident fund account?

Sealed status refers to the employee's resignation and termination of labor relations with the company. Personal provident fund account stops paying, and the account type is displayed as sealed. You can't apply for provident fund loans if you are blocked. You must deposit for more than 6 months before you can apply for provident fund loans. Some places can't handle provident fund withdrawal business, but they can handle transfer business.

If the deposit continues in the provincial capital center, the internal transfer business will be handled through the business acceptance hall of the provincial capital center; If the deposit continues in the external center, the external transfer-out business will be handled;