According to the provisions of Article 24 of the Regulations on the Management of Housing Provident Fund, employees may withdraw the storage balance in their housing provident fund accounts under any of the following circumstances:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit; ?
(4) Having left the country to settle down; ?
(5) Repaying the principal and interest of the house purchase loan; ?
(six) the rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. ?
If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.
Extended data:
Fines:
According to the "Regulations on the Management of Housing Provident Funds", Article 40 of the Housing Provident Fund Management Center, in violation of the provisions of this Ordinance, has one of the following acts, and shall be ordered to make corrections within a time limit by the construction administrative department of the State Council or the construction administrative department of the people's government of the province or autonomous region according to the management authority; The responsible person in charge and other directly responsible personnel shall be given administrative sanctions according to law.
(a) failing to set up a housing provident fund account in accordance with the provisions;
(two) failing to approve the withdrawal and use of housing provident fund by employees in accordance with the regulations; ?
(3) Failing to use the value-added income of the housing provident fund in accordance with the provisions; ?
(4) Entrusting institutions other than banks designated by the Housing Provident Fund Management Committee to handle the housing provident fund financial business; ?
(five) did not establish a detailed account of employee housing provident fund;
(six) did not issue a valid certificate of housing provident fund deposit to the employees who paid the housing provident fund; ?
(seven) not in accordance with the provisions of the purchase of housing provident fund bonds.