The upper limit of Guangzhou housing provident fund deposit base is 36,072 yuan. From July 1 day, 2022, the contribution base of Guangzhou housing provident fund will be adjusted to the average monthly salary of employees 202 1, and the lower limit will be the minimum wage in Guangzhou, that is, 2300 yuan. When the minimum deposit ratio is 5%, the monthly contribution of Guangzhou Housing Provident Fund is 1 15 yuan for enterprises and 168 yuan for individuals. The upper limit is 36,072 yuan, which is three times the average monthly salary of Guangzhou employees in 20021year announced by the statistical department. When the unit pays the employees' provident fund, it shall choose the specific contribution ratio according to its actual situation, which shall not be less than 5% and not more than 12%. At present, most areas have announced the adjustment plan for the deposit base and proportion of housing provident fund in 2022, and employees can check the specific information on the local housing provident fund website. It should be noted that because the payment base of housing provident fund is closely related to the average monthly salary of goodwill, the provident fund is rising everywhere, and the wages of employees will also change.

What is provident fund?

1. Housing accumulation fund is a long-term housing deposit paid by enterprises and their employees.

2. The provident fund is opened by the employer according to the roster of employees, and the total amount of the provident fund that should be paid should be paid to the bank designated by the provident fund center and owned by the employees.

3. Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go through the formalities for changing the registration at the housing provident fund management center by the unit, and go through the formalities for transferring or sealing the employee's housing provident fund account at the entrusted bank by the audit documents of the housing provident fund management center.

Legal basis: Article 16 of the Regulations on the Administration of Housing Provident Fund in People's Republic of China (PRC) stipulates that the monthly contribution of employee housing provident fund is the average monthly salary of the employee in the previous year multiplied by the contribution ratio of employee housing provident fund. The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.