Changsha Housing Provident Fund Management Center has issued the latest provident fund withdrawal policy, which can be withdrawn by employees who meet the following conditions: 1. Workers buy their own houses, repay commercial housing loans or rent houses; 2. The time for employees to participate in the housing provident fund deposit before applying for withdrawal is not less than 12 months; 3. The account at the time of deposit is within the scope of Changsha; 4. Withdraw according to the quota stipulated by the policy. According to the relevant provisions of the policy, different types of withdrawals will have different upper limits. Among them, employees who purchase or build, renovate or overhaul their own houses can withdraw 50% of the balance of the housing provident fund account. In addition, if employees withdraw housing provident fund due to difficulties in renting a house, the maximum amount is 24 months of the local average wage. In addition to the above conditions, special extraction can also be carried out when employees meet the policy requirements. For example, employees themselves or their spouses, children and parents, who are seriously ill and need to pay medical expenses, can apply for withdrawal of provident fund. It should be noted that the withdrawal of housing provident fund may involve relevant procedures and processes, and the specific operation process needs to refer to the policies and regulations of the local management center.
If there are irregularities after withdrawing the provident fund, what impact will it have on employees? In the process of withdrawing housing provident fund, employees will face relevant responsibilities and consequences if they falsely report the reasons for withdrawal and exceed the prescribed upper limit. The specific performance is: 1 Informed criticism employees; 2. Recover the illegally extracted amount and collect liquidated damages from employees; 3. Cancel the employee's housing provident fund extraction qualification; 4. Within the scope permitted by the policy, report to the relevant departments as appropriate and hand it over to the legal authorities for handling. Therefore, when employees withdraw housing provident fund, they need to be clear about their own withdrawal conditions and quota restrictions, strictly abide by relevant policies and regulations, and avoid violations. If you have any questions or need help, it will be safer to consult the management center or professional organization in advance.
Changsha's latest housing provident fund withdrawal policy provides certain financial support for employees to buy houses, repay business loans or rent houses. When enjoying these preferential policies, you need to withdraw them according to the basic conditions and quota restrictions stipulated in the policies, and at the same time, you should abide by relevant processes and procedures to avoid violations.
Legal basis:
"Regulations on the Management of Housing Provident Fund" Article 24 If an employee is under any of the following circumstances, he can withdraw the storage balance in the employee's housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income. According to the previous paragraph
(2),
(3),
Item (4) stipulates that if employee housing provident fund is withdrawn, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.