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Beijing individual housing provident fund withdrawal process

The details of the Beijing individual housing provident fund withdrawal process are as follows:

1. The unit will verify the relevant withdrawal certification materials and copies provided by the individual employees. If the conditions are met, the unit manager will fill in the Prepare the "Housing Provident Fund Withdrawal Application Form" and "Housing Provident Fund Withdrawal List" uniformly printed by the Housing Provident Fund Management Center, and submit the application to the Account Opening Management Department with the originals and copies of relevant certification materials;

2. The management department personnel will review the withdrawal materials, quota, frequency, personal account information, etc. For those who meet the withdrawal conditions, go through the withdrawal procedures; for those who are not allowed to withdraw after review, the reasons for not allowing withdrawal will be informed; for special circumstances that cannot be responded to in a timely manner, the director of the management department and the relevant departments of the Housing Provident Fund Management Center should be asked for instructions, and a response will be given within three days. The unit will give a clear reply;

3. For those who meet the partial withdrawal conditions, management department personnel should enter relevant information in the system based on the withdrawal materials, establish a "Housing Provident Fund Withdrawal Record Sheet" for the individual employee who withdraws for the first time, and Stamp the house purchase invoice (or purchase receipt, down payment invoice, rent invoice, tax payment voucher, or invoice for purchased materials) with the words "Housing Provident Fund Withdrawal Processed";

4. Input by management department personnel "Housing Provident Fund Withdrawal List" and confirm the personal savings account;

5. After the withdrawal is confirmed, the management department staff prints an "Housing Provident Fund Withdrawal Application Form" and "Housing Provident Fund Withdrawal List" in duplicate, and cancel If the account is withdrawn from the account, it is also necessary to print the "Personal Housing Provident Fund Account Cancellation Statement".

Conditions for withdrawing provident fund:

1. If purchasing a self-occupied house, provide a purchase contract, agreement or other certificates;

2. If purchasing a self-occupied house, , provide approval documents or other certification documents from the construction, land and other administrative departments;

3. If renovating or overhauling self-occupied housing, provide approval documents or other certification documents from the planning administration and other competent departments;

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4. If you retire, provide a retirement certificate;

5. If you completely lose your ability to work and terminate the labor relationship with the unit, provide a certificate of identification of complete loss of ability to work and a certificate of termination of the labor relationship;

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6. If you have not re-employed for five years after terminating the labor relationship with your employer, provide a certificate of non-employment;

7. If you leave the country to settle down, provide a certificate of leaving the country;

8. If your registered permanent residence moves out of the administrative area of ??the province, provide a migration certificate;

9. If you repay the principal and interest of the house purchase loan, provide a house purchase loan contract;

10. If you pay the rent, provide Proof of salary income and housing rental contract;

11. Migrant workers to terminate the labor relationship with their unit, provide proof of household registration and proof of termination of the labor relationship;

12. Housing Provident Fund Management Center Provide other circumstances for extraction.

To sum up, employees should submit an application to the Provident Fund Center with original relevant materials. The Provident Fund Center will review the application within 3 working days from the date of acceptance and make a decision to approve or disapprove the withdrawal. If the withdrawal is approved after review, the Provident Fund Center will transfer the withdrawal funds to the personal bank account provided by the withdrawal applicant; if the withdrawal is not allowed after review, the reason will be informed.

Legal basis:

Article 24 of the "Housing Provident Fund Management Regulations"

If an employee has any of the following circumstances, he or she may withdraw funds from the employee housing provident fund account The storage balance of:

(1) Those who purchase, build, renovate or overhaul their own houses;

(2) Those who retire or retire;

(3) ) Completely loses the ability to work and terminates the labor relationship with the employer;

(4) Leaving the country to settle down; (5) Repaying the principal and interest of the house purchase loan;

(6) 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, if the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time.

If an employee dies or is declared dead, the employee’s heirs and legatees can withdraw the balance in the employee’s housing provident fund account; if there is no heir or legatee, the balance in the employee’s housing provident fund account can be withdrawn. Included in the value-added income of the housing provident fund.