1. What are the payment standards for housing provident fund? 1. The payment standards for housing provident fund are mainly as follows: (1) The average monthly total salary of employees is calculated as the total annual salary of employees divided by the actual monthly salary paid; (2) The monthly payment of housing provident fund for employees

The base cannot be lower than the city’s wage standards announced by the Social Security Bureau; (3) The housing provident fund payment ratio for employees in public institutions is 12%, and for other units it is 8% to 12%.

2. Legal basis: Article 16 of the "Regulations on the Administration of Housing Provident Fund". The monthly payment amount of employees' housing provident fund is the employee's average monthly salary in the previous year multiplied by the employee housing provident fund payment ratio.

The monthly payment and deposit amount of the housing provident fund paid by the unit for its employees is the employee's average monthly salary in the previous year multiplied by the unit's housing provident fund payment and deposit ratio.

Article 17 New employees who join the workforce will start to pay housing provident fund from the second month of starting work. The monthly payment amount is the employee’s monthly salary multiplied by the employee’s housing provident fund payment ratio.

Newly transferred employees from the unit shall contribute to the housing provident fund from the date the unit pays their wages. The monthly payment amount shall be the employee's monthly salary multiplied by the employee's housing provident fund contribution ratio.

Article 18 The contribution ratio of employees and units to the housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; in cities where conditions permit, the contribution ratio may be appropriately increased.

The specific payment ratio shall be formulated by the housing committee, and shall be submitted to the people's government of the province, autonomous region, or municipality directly under the Central Government for approval after review by the people's government at the same level.

2. What are the procedures for individual withdrawal of housing provident fund? 1. First submit an application to the unit. After the unit reviews the relevant certificates submitted by the individual, if the withdrawal conditions are met, the unit fills in the approval form for individual withdrawal of housing provident fund and stamps the reserved seal; 2.

The unit manager or individual employee shall bring the provident fund individual withdrawal approval form together with the originals and copies of relevant certification materials to the provident fund center that establishes the housing provident fund account for the unit for review and approval.

After the provident fund center completes the approval and entry business, it will stamp the provident fund individual withdrawal approval form filled in by the unit with a special provident fund approval seal; 3. The unit manager or individual employee holds the provident fund individual withdrawal approval form that has been approved by the provident fund center and the provident fund individual withdrawal approval form filled out by the unit and

With the signed "Housing Provident Fund Management Center Transfer Voucher", go to the provident fund center where the account is opened to handle the transfer business. The provident fund center will transfer the housing provident fund applied for withdrawal by the employee to the basic settlement account of the unit, and the unit will withdraw it and pay it to the employee.