Beijing Housing Provident Fund Management Committee (hereinafter referred to as CMC) is the decision-making body of housing provident fund management under the leadership of the municipal government. Among the members of the management committee, responsible persons and relevant experts from the people's government, construction, finance, People's Bank and other relevant departments account for 1/3, trade union representatives and employee representatives account for 1/3, and unit representatives account for 1/3.
CMC shall perform the following duties in the management of housing provident fund:
(a) according to the relevant laws, regulations and policies, formulate and adjust the specific management measures of housing provident fund, and supervise the implementation;
(two) according to the relevant provisions of the regulations on the administration of housing provident fund, formulate the specific deposit ratio of housing provident fund;
(three) to determine the maximum loan amount of housing provident fund;
To examine and approve the plan for the collection and use of housing provident fund;
(five) to consider the housing provident fund value-added income distribution plan;
(six) to review and approve the report on the implementation of the plan for the collection and use of housing provident fund.
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