Beijing Provident Fund can be withdrawn in one go.
The conditions for withdrawing the housing provident fund are as follows: 1. Retirement or retirement; 2. Complete loss of working ability; 3. Persons leaving the country to settle; 4. The employer terminates the labor relationship; 5. Sentenced to death while on the job; 6. Death or being declared dead.
of.
The housing provident fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and shall not be used by any unit or individual for other purposes.
The Housing Provident Fund Management Committee shall, in accordance with the relevant regulations of the People's Bank of China, designate commercial banks entrusted to handle housing provident fund financial services; the Housing Provident Fund Management Center shall entrust the entrusted banks to handle housing provident fund loans, settlement and other financial services and the establishment of housing provident fund accounts.
Deposit and return procedures.
The housing provident fund management center shall sign an entrustment contract with the entrusted bank.
The unit shall register the payment and deposit of housing provident fund with the housing provident fund management center, and handle the procedures for setting up housing provident fund accounts for its employees.
Each employee can only have one housing provident fund account.
Legal basis: Article 24 of the "Regulations of the People's Republic of China on the Administration of Housing Provident Fund" If an employee has any of the following circumstances, he or she may withdraw the balance in the employee's housing provident fund account: (1) Purchase, construction, renovation, or overhaul
Those who live in their own homes; (2) Retired or retired; (3) Those who have completely lost the ability to work and terminated the labor relationship with the unit; (4) Those who left the country to settle; (5) Those who repay the principal and interest of the home purchase loan; (6) The rent exceeds
A prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, when the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time.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.