In order to support employees' housing consumption, Nanning issued the Notice on Withdrawing Housing Provident Fund from Decorated Houses (Trial) on 20 15438+0 1 (hereinafter referred to as the Trial Notice), and issued the policy of withdrawing housing provident fund from renovated houses for the first time.

Combined with the actual situation of the half-year trial period, Nanning Housing Provident Fund Management Center recently issued the Notice on Adjusting the Withdrawal of Housing Provident Fund from Decorated Houses (hereinafter referred to as the Notice), which adjusted the conditions and time for applying for withdrawal.

It is reported that the adjusted policy no longer has a clear extraction time limit, and the extraction time limit also clearly needs to be extracted once with the decoration invoice within 2 years.

The housing accumulation fund shall be earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage.

Only when the employee retires, dies, completely loses the ability to work and terminates the labor relationship with the unit or moves out of the original city can the housing provident fund be withdrawn from the account.

Extended data:

The definition of housing provident fund includes the following five aspects:

(1) The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.

(2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.

(3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.

(4) The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.

(5) The housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure according to regulations, which has two characteristics:

First, it is cumulative, that is, although the housing provident fund is an integral part of employees' wages, it is not paid in cash, and must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented.

The second is special. The housing provident fund is earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when the employee retires, dies, completely loses the ability to work, terminates the labor relationship with the unit or moves out of the original city can the housing provident fund in his account be withdrawn.

According to China's regulations, all enterprises, whether state-owned or private, must deposit and pay housing provident fund for their employees.

References:

People's Network-Policy of Withdrawing Provident Fund from Decorated Housing

References:

Baidu Encyclopedia-Definition of Housing Provident Fund