First of all, understand the specific meaning of housing provident fund. Housing accumulation fund is a special fund set up to promote housing reform and housing construction according to the national housing system reform policy. That is, long-term housing reserve.

According to the relevant documents, all units must establish housing accumulation funds for their employees, including state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions. The employee's housing accumulation fund shall be paid by the unit and the employee respectively.

The specific monthly housing provident fund deposit amount is the average monthly salary of employees in the previous year multiplied by the proportion of employee housing provident fund deposit. The deposit ratio document also stipulates that the deposit ratio of employees and unit housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio.

For retired workers (retired workers here refer to formal retirement and resignation, not internal retirement). After retirement, the unit will establish a housing provident fund, and retired employees can still apply for housing provident fund loans when buying a house. Employees who have applied for withdrawal of housing provident fund accounts cannot apply for housing provident fund loans after retirement.