The reason for the decline in provident funds is probably that the Provident Fund Center has adjusted the amount of provident funds. If an individual finds that the provident fund paid has become less, he can go to the local provident fund management center to inquire and carefully understand his provident fund payment status. If he finds that the management center is not performing the operation, he must report it in time to compensate for his losses. When the provident fund center adjusts the collective provident fund amount, the unit will reduce the amount paid for the individual.

1. The Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People's Bank of China jointly issued the "Notice on Improving the Housing Provident Fund Payment Mechanism to Further Reduce Enterprise Costs." Some adjustments have been made to the housing provident fund deposit policy, which is worth noting for those who need to use provident funds, especially those who need provident fund loans to buy a house.

As can be seen from the theme of the "Notice", this document issued by the Ministry of Housing and Urban-Rural Development is mainly to reduce the burden on enterprises by reducing the deposit ratio of housing provident funds, but it does not explicitly require enterprises to reduce the housing provident fund. Instead of deposit ratio, a range of 5-12 is given for enterprises to choose on their own. In addition, the "policy of appropriately reducing the proportion of corporate housing provident fund contributions in phases" introduced by various regions in 2016 will be extended to 2020.

2. From the content point of view, the adjustment is not very big. It mainly extends the policy in 2016, but it also emphasizes the upper and lower limits of the provident fund deposit ratio.

We all know that the housing provident fund is mainly used for buying a house, house decoration, paying rent, etc. Especially for buying a house, using the provident fund loan is much more affordable than ordinary commercial loans. But to use a provident fund loan to buy a house, it’s not just about paying the housing provident fund, it also depends on how much you paid. Because the provident fund loan limit is calculated based on the provident fund account balance and monthly deposit limit. The lower the account balance and monthly deposit limit, the less money you can borrow.

House prices everywhere are so high now. Even if you are eligible for a provident fund loan, if the money you can borrow is not much, it will not be of great help to buy a house. Since the housing provident fund deposit method is generally half paid by enterprises and half by individuals, if the deposit ratio of enterprises decreases, the proportion of individuals will also decrease, which will inevitably lead to a decrease in the monthly payment amount of the provident fund, and at the same time, the growth rate of account balance will slow down, thus Affects personal home buying plans.