Recently, the Ministry of Housing and Urban-Rural Development and the Central Bank released the latest data. By the end of February, 20021,the number of people who paid housing provident fund in China was about 654.38+52 million, up by 3.08% year-on-year. Nowadays, more and more people pay the provident fund, and more and more people know the benefits and benefits of paying the provident fund.

As we all know, the provident fund system is a welfare policy adopted by the state to protect the housing rights and interests of employees and reduce the pressure on employees to buy houses. In the process of implementation, according to a certain payment base, employees themselves pay half, enterprises pay half, and funds are managed by the provident fund management bureau. If you use provident fund loans to buy a house, you can also get lower interest rates than commercial bank loans, reducing the pressure on buying a house. In the past, the extraction conditions of provident fund were relatively strict, and they were generally used for extraction when buying a house.

Therefore, in recent years, many entrepreneurs and experts, including Gree Electric's Dong Mingzhu and economist Huang, have suggested canceling the provident fund, on the grounds that many people use commercial loans to buy houses and do not need the provident fund at all.

Of course, some people say that there is no need to buy a house. The annual interest rate of the provident fund is only 1.75438+0%, which is not as high as the deposit interest rate of the bank. It is a bit "chicken ribs". In addition, due to the high housing prices, many young people are reluctant to buy a house and feel that there is no need for provident fund at all. Therefore, many experts suggest reforming the provident fund to wake up the provident fund sleeping in the account.

In this regard, experts from the Ministry of Housing and Urban-Rural Development said that the provident fund needs to be reformed, not abolished, and supervision should be strengthened. In 20021year, many places in the country plan to make some new adjustments to the policies related to provident fund, especially the changes in the withdrawal of provident fund that everyone is most concerned about. For example, Chengdu Housing Provident Fund Management Center plans to implement the new policy of "withdrawing provident fund on a monthly basis" this year.

In addition, on March 12 this year, Beijing Housing Fund Management Center also publicly solicited opinions from all walks of life on optimizing the withdrawal of housing provident fund. If approved, the time limit for withdrawal of provident fund will be shortened to one working day, and the limit on the number of withdrawals of provident fund will also be lifted. From this perspective, the withdrawal of provident fund will be more convenient, and the use of provident fund will be more and more extensive. Then let's see what the provident fund can do.

1. Rent

According to statistics, there are 200 million tenants in China. For these 200 million people, rent is the main part of expenditure. The monthly salary may be only 3000 to 4000, but the rent accounts for more than 1000. The pressure is really great. If you have a housing provident fund, but have not bought a house, but rented a house, you can apply for withdrawing the provident fund to pay the rent.

According to the data released by People's Daily Online, in 2065438+2009 * *, the provident fund supported the withdrawal of 10 138200 people's housing leases, with a year-on-year increase of 32.28%, and the total withdrawal of the provident fund reached 93.783 billion yuan.

2. Building and renovating houses

Many people also have homesteads and houses in their rural hometown. If they want to build or renovate their house, they can also withdraw their provident fund to pay for it.

decorate

Buying a house now costs a lot of money. Of course, decoration is not a small amount. Tens of thousands are still few, and hundreds of thousands are not too much. Provident funds can also be taken out to pay for renovation costs. If the decoration cost is too high, you can also apply for a provident fund decoration loan.

Install elevator

As early as June 5438 +2020 10, Shanghai Provident Fund issued an announcement, allowing the provident fund to be used to install elevators. By the end of last year, about 65,438,000 people had withdrawn their provident fund for installing elevators, amounting to 6 million yuan. At present, many areas in China support the use of provident fund for elevator installation, which is believed to be more popular in the future.

5. Medical expenses for major diseases

As we all know, if you are seriously ill, the hospitalization expenses can be reimbursed by medical insurance, and the self-funded part can be paid by provident fund. Moreover, if your immediate family member or spouse is seriously ill, you can also withdraw the provident fund to pay the other person's medical expenses. However, it should be noted that the required application amount should not exceed the hospitalization expenses borne by the individual, and the application period should also be within one year after discharge.

In addition, some experts suggest that major household expenses such as buying cars and large electrical appliances should also be included in the scope of provident fund withdrawal. Although it has not yet been realized, it is also a possibility.

As for many people who are concerned about whether the withdrawal of provident fund will affect the amount of loans they can apply for in the future, in fact, this cannot be generalized, and the regulations in each region are different. In some places, the amount of provident fund loans depends on many factors, such as the number of years of provident fund deposit, the amount of deposit, age, etc., and has little to do with the balance in the provident fund account, but in some places, it will also refer to the balance in the account. For example, the loan amount of Beijing provident fund is not affected by the balance, but is related to the amount and time of deposit. In Shenzhen and Tianjin, the amount of provident fund loans is 14 times and 20 times of the balance of provident fund accounts, respectively. Therefore, before withdrawing the provident fund, it is necessary to confirm that there is no impact before withdrawing it.

At present, the number of withdrawals from the provident fund is usually limited. In most cases, it can only be withdrawn once a year, and the withdrawal amount will be limited. If the conditions for withdrawal of the provident fund are met, the sooner the provident fund is withdrawn, the better. After all, it is better to take out the money in the account and use it on the cutting edge. Have you withdrawn the provident fund this year? Welcome to leave a message for discussion!