First, Xuzhou provident fund withdrawal regulations and policies

Cancel the restriction on the proportion of rental expenditure, and there is no need to provide tax payment certificates and lease contracts for the record. The Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the Central Bank issued a notice: employees have paid the housing provident fund in full for three consecutive months. If they and their spouses do not own their own houses and rent a house in the city where they paid, they can withdraw the housing provident fund of both husband and wife to pay the rent. As long as you have paid the provident fund continuously for 3 months, you can withdraw the housing provident fund to pay the rent, and you don't need rent invoices and tax stamps.

If you rent a commercial house, you need to provide proof that you and your spouse have no real estate. The local housing provident fund management committee will determine the rent withdrawal amount according to the local market rent level and the rental housing area. To rent public rental housing, it is necessary to provide a housing lease contract and proof of rent payment, and extract it in full according to the actual rent expenditure.

Second, the characteristics of provident fund

(1) universality, urban workers must pay the housing provident fund in accordance with the regulations, regardless of the nature of their work units, family income and whether they have housing;

(2) Mandatory (policy-oriented). If the unit fails to register the deposit of housing provident fund or set up a housing provident fund account for employees, the housing provident fund management center has the right to order it to handle it within a time limit. If it fails to make corrections within the time limit, it may be punished according to the regulations, and may apply to the people's court for compulsory execution;

(3) Welfare, in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans;

(4) Repayment: If the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, or the household registration moves out and settles abroad, the paid housing provident fund will be returned to the individual employee.

Nature of the Provident Fund:

(1) security, the establishment of employee housing provident fund system, which provides a guarantee for employees to solve housing problems faster and better;

(2) Mutual assistance, the establishment of housing provident fund system can effectively establish and form mechanisms and channels for employees with housing to help employees without housing, and housing provident fund can help employees without housing in terms of funds, which reflects the mutual assistance of employee housing provident fund;

(3) In the long run, every urban employee must pay personal housing provident fund from the date of joining the work to the time of retirement or termination of labor relations; The employee's unit should also pay the housing provident fund for employee subsidies as required.

To sum up, enterprises should pay housing provident fund for employees, and part of the housing provident fund shall be borne by individuals and part by enterprises. Provident fund is a personal housing deposit specially used by employees for housing consumption expenditure, which has the characteristics of security, mutual assistance and long-term development.