Provident fund withdrawal conditions

(a) the purchase, construction, renovation and overhaul of owner-occupied housing.

(2) retirement or death.

(three) completely lose the ability to work, and terminate the labor relationship with the unit.

Provident fund refers to company provident fund and housing provident fund. The company's common reserve fund is the fund drawn by the company outside its capital.

According to whether the retention of provident fund is legally mandatory, provident fund can be divided into statutory provident fund and arbitrary provident fund.

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.

The definition of this housing provident fund includes the following five aspects:

(1) The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.

(2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents do not implement the housing provident fund system, and retired workers do not implement the housing provident fund system.

(3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the individual contributions of employees are withheld by the unit, they will be deposited into the individual account of housing provident fund together with the unit contributions.

Shanghai Housing Provident Fund Network: Web page link