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What does provident fund cancellation mean?

The use of provident fund is diverse. In addition to meeting housing consumption such as buying and renting a house, sometimes some people will cancel the provident fund in order to withdraw the provident fund. So what does cancellation of provident fund mean? Cancellation of provident fund means cancellation of provident fund account, cancellation of provident fund account and cancellation of bank account.

It is similar to account withdrawal. When handling account cancellation and withdrawal, you only need to fill in the account cancellation withdrawal application form according to the requirements for provident fund withdrawal and account withdrawal and go to the management department of provident fund withdrawal for processing.

How to cancel housing provident fund (1) Application conditions: The housing provident fund depositing unit can apply for cancellation only when the housing provident fund depositing unit undergoes merger, division, reorganization, cancellation, dissolution or bankruptcy, and the unit account balance and the number of people carried over are zero.

(2) When applying to cancel the housing provident fund account of the unit, first bring the following materials to the provident fund center for review: 1. The completed "Application Form for Name Change and Cancellation of the Housing Provident Fund Depositing Unit" in triplicate; 2. Relevant documents or certificates for the unit's cancellation.

(3) The unit shall go to the bank where the account is opened with the approved and stamped "Housing Provident Fund Payment Unit Name Change and Cancellation Application Form" in triplicate.

Before being prompted to apply for cancellation, the unit should clear out the employees’ housing provident fund accounts according to the following requirements: 1. If the conditions for canceling and withdrawing the housing provident fund are met, the employees will be notified to go through the withdrawal procedures; 2. If the employees have a receiving unit, the transfer procedures will be handled for the employees; 3. The employees have no

If the receiving unit does not meet the conditions for account cancellation and withdrawal, the employee's housing provident fund account will be transferred to the provident fund center's sealed account and the employee will be notified.

The unit manager must confirm that the balance of the unit account is zero and the number of people being transferred is zero (if the number of people being transferred is not zero, the unit manager needs to fill in the "List of Changes in Housing Provident Fund Remittance Amount and Number of People Remitting" in triplicate).

handle.

Methods for canceling the account and withdrawing the provident fund 1. City cancellation and withdrawal with non-local household registration. When leaving the city where the provident fund is paid, you can apply to cancel the local port fund account and withdraw all the balance in the provident fund account at one time.

The conditions for cancellation are as long as the local social security is transferred to another city, or the local social security payment is suspended for more than three months, you can bring your ID card and provident fund card (or provident fund joint card) to the local housing provident fund management center to cancel the account.

2. When relocating and canceling the household registration, withdrawing the local household registration, and moving the household registration to another city, bring the ID card, provident fund card (or provident fund co-branded card) and household registration transfer certificate to the local housing provident fund management center to cancel the account at one time

Withdraw the full amount from the account.

3. When you settle abroad or in Hong Kong, Macao and Taiwan, cancel your household registration and withdraw local household registration, settle or immigrate to overseas cities, or Hong Kong, Macao and Taiwan, you can bring your ID card, provident fund card (or provident fund joint name card) and household registration cancellation certificate (or permanent residence certificate) to cancel

provident fund account and withdraw the full amount in the account at one time.

4. Unemployed elderly people whose housing provident fund accounts have been sealed for more than two years with local household registration, men over 50 years old and women over 45 years old, whose housing provident fund accounts have been sealed for more than two years, can bring their ID cards, provident fund cards (or provident fund joint names)

card) and unemployment certificate, after canceling the account, the account balance can be withdrawn in one go.

5. Early retirement, account cancellation and withdrawal. If you have not reached the legal age and apply for early retirement, you can bring your ID card, provident fund card (or provident fund joint card) and retirement certificate to provide the provident fund account balance in full at one time.

6. When you reach the retirement age, cancel your account and withdraw your local household registration, or apply for retirement registration in a foreign place. After reaching the legal age, you can bring your ID card and provident fund card to cancel your account and withdraw.