Lincang City Housing Provident Fund Management Measures Article 23 When an employee terminates the labor relationship with his or her unit, including employee transfer, resignation, dismissal, dismissal, expulsion, etc., the principal and interest of the housing provident fund that has been paid shall not be used. To withdraw, the employer shall go to the Housing Provident Fund Management Center to handle the transfer or sealing procedures of the employee housing provident fund account within 30 days; when an employee is re-hired, the employing unit shall go to the Housing Provident Fund Management Center to handle the opening of the employee housing provident fund account within 30 days from the date of recruitment. , transfer procedures. Article 24: In order to protect the legitimate rights and interests of employees, enterprises should seek the opinions of the local housing provident fund management department before submitting the restructuring plan to the relevant government departments for approval due to merger, division, cancellation, bankruptcy, or dissolution. Article 25 The Municipal Housing Provident Fund Management Center shall establish a housing provident fund inquiry and reconciliation system to provide employees with inquiry and reconciliation services. Reconciliation is conducted with the unit and individual employees once a year, and statements are issued to the unit for verification within the annual interest settlement period of the housing provident fund. The Municipal Housing Provident Fund Management Center and its subordinate management departments shall issue valid vouchers for the payment and deposit of housing provident funds to employees who have paid and deposited housing provident funds. Chapter 4 Withdrawal and Use Article 26 When the housing provident fund management center prepares a plan for withdrawing and using housing provident funds, it shall give priority to ensuring that employees withdraw housing provident funds in accordance with regulations. Article 27 Employees may withdraw the balance in their housing provident fund accounts if one of the following circumstances is met: (1) Purchasing, constructing, renovating, or overhauling self-occupied housing. (2) Retired. (3) Completely loses the ability to work and terminates the labor relationship with the employer. (4) Those who have not re-employed for 2 years after being fired, dismissed, or voluntarily resigning from their employer or other reasons that terminated their labor relationship with their employer. (5) Going abroad or settling abroad. (6) Repaying the principal and interest of housing provident fund personal loans. (7) Employees whose rent exceeds 25% of their family's wage income and who are included in the city's minimum living allowance. (8) Other situations stipulated by laws and regulations. If an employee dies while on the job, his heirs or legatees can withdraw the balance of the employee's housing provident fund account. If there is no heir or legatee, the balance shall be included in the housing provident fund appreciation income account. Article 28 Withdrawal amount: (1) When employees purchase, construct, renovate or overhaul their own houses, if they do not apply for a personal housing provident fund loan, the purchase of the house shall be based on the date when the house purchase contract is signed, and the construction, renovation or overhaul of the self-occupied house shall be based on the relevant Within one year from the date of approval by the approving department, the balance stored in the housing provident fund account of the individual, his spouse, and the owner of the property can be withdrawn, but the written consent of the person to be withdrawn is required. In principle, the housing provident fund can only be withdrawn once, and the housing provident fund paid in subsequent years can only be returned to the person in one lump sum with interest upon statutory retirement. (2) In accordance with the provisions of Article 27 (6), the accumulated balance of the housing provident fund withdrawn by the employee himself and his spouse shall not exceed the repayment of the principal and interest of the housing loan. (3) According to Article 27 (7), if the rent exceeds 50% of the family income, the balance of the housing provident fund of the employee and his or her spouse is withdrawn to pay rent, which shall not exceed the total amount of rent actually paid during the contract period; it shall be included in the scope of subsistence allowances , the balance of the housing provident fund withdrawn by the employee and his or her spouse shall not exceed the total rent paid during the period after the implementation of these measures and included in the scope of subsistence allowances. (4) After employees withdraw housing provident funds in accordance with paragraphs (2), (3), (4) and (5) of Article 27, the housing provident fund center shall cancel their accounts at the same time. Article 29: If the balance stored in the housing provident fund account is withdrawn in accordance with Articles 27 and 28 of these Measures, the employee's unit shall verify it and issue a withdrawal certificate to the withdrawr. The principal and interest of housing provident funds withdrawn in accordance with the provisions of these Measures are exempt from personal income tax. Article 30 When employees who have paid housing provident funds purchase, construct, renovate or overhaul their own houses, they may apply for housing provident fund loans from the Housing Provident Fund Management Center. Article 31: Housing provident fund loans implement a policy that favors families with low- and middle-income workers. Article 32: On the premise of ensuring loan safety, the Housing Provident Fund Management Center shall simplify procedures and improve service efficiency. Article 33: When an applicant applies for a housing provident fund loan, the guarantee may be in the form of mortgage, pledge or guarantee. Article 34: The housing provident fund loan management measures shall be formulated by the Municipal Housing Provident Fund Management Committee in separate normative documents, promulgated and implemented.

Article 35 The Housing Provident Fund Management Center may purchase treasury bonds with the approval of the Housing Provident Fund Management Committee based on the annual use plan of the Housing Provident Fund and on the premise of ensuring normal payment and loan needs. The housing provident fund management center shall not use the housing provident fund and its proceeds to provide any form of financial guarantee for units and individuals.