Certain conditions need to be met and the process must be followed. Employees should abide by relevant regulations and not try to collect provident funds in violation of regulations.

1. Conditions for Withdrawal of Provident Fund

According to relevant laws, regulations and policies, the withdrawal of provident fund needs to meet certain conditions. Generally speaking, employees can withdraw provident funds under the following circumstances:

1. Purchase, build, renovate, and overhaul their own homes;

2. Repay the principal and interest of home purchase loans;

3. Rental expenditure exceeds a certain percentage of family wage income;

4. Retirement or retirement;

5. Complete loss of working ability and termination of labor relationship with the employer;< /p>

6. Leave the country to settle;

7. When an employee dies or is declared dead, his heirs and legatees can withdraw the balance in the employee’s housing provident fund account;

8. Enjoy minimum living security;

9. Other situations that comply with laws, regulations and policies.

2. Provident Fund Withdrawal Process

If employees meet the withdrawal conditions, they need to apply and withdraw according to the prescribed process. Generally speaking, withdrawing provident fund requires providing relevant supporting materials, such as house purchase contract, loan contract, rental contract, etc., and must be reviewed by the unit and approved by the provident fund management center.

3. Illegal withdrawal of provident funds

Although there are clear conditions and procedures for withdrawing provident funds, there are still some people who try to obtain provident funds through illegal means. This behavior not only violates laws, regulations and policies, but may also have a negative impact on an individual's credit record and career development. Therefore, it is recommended that employees abide by relevant regulations and not try to collect provident funds in violation of regulations.

To summarize:

The provident fund is a housing savings system that is subject to strict laws, regulations and policies. Its withdrawal needs to meet certain conditions and be carried out in accordance with the prescribed procedures. Employees should abide by relevant regulations and not try to collect provident funds in violation of regulations.

Legal basis:

"Housing Provident Fund Management Regulations"

Article 24 stipulates:

Employees have one of the following circumstances , the balance in the employee housing provident fund account can be withdrawn:

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

(2) Those who retire or retire;

(3) Completely losing the ability to work and terminating the labor relationship with the employer;

(4) Leaving the country to settle down;

(5) Repaying the house purchase loan Principal and interest;

(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 or 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 will be included in the appreciation income of the housing provident fund.

"Criminal Law of the People's Republic of China"

Article 264 stipulates:

Stealing public or private property, the amount is relatively large, or Whoever commits multiple thefts, burglaries, thefts with weapons, or pickpocketing shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention, or public surveillance, and may also be fined or solely; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years. If the amount is particularly huge or there are other particularly serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than ten years or to life imprisonment and shall also be fined or have property confiscated.