"Beijing Housing Provident Fund Extraction Management Measures" has corresponding provisions:
Article 4? In any of the following circumstances, employees may withdraw the storage balance in the housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(five) to repay the principal and interest of the owner-occupied housing loan;
Employees who meet the conditions for extracting housing provident fund in these Measures may also extract housing provident fund from their own accounts. Workers who withdraw housing provident fund should give priority to repaying the principal and interest of housing provident fund loans.
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Relevant laws and regulations of Beijing housing provident fund withdrawal management measures:
Twenty-ninth units with proof of extraction and related materials, apply to the management center to extract the storage balance of employee housing provident fund, and the management center shall make a decision on whether to approve the extraction within 3 days from the date of accepting the application.
If the management center approves the withdrawal, the withdrawal amount will be directly transferred to the employee's bank savings account within 3 days. If a unit applies to transfer the withdrawal amount to the unit settlement account, it shall be approved by the employee himself.
Article 31? If the unit fails to handle the procedures for the withdrawal of housing provident fund for employees according to the regulations, the employees may apply to the management center for urging the unit to handle it with valid certification materials. If the unit still refuses to handle it after being urged, the management center can handle it according to the employee's application.
Baidu Encyclopedia-"Beijing Housing Provident Fund Extraction Management Measures"