the cancellation of the provident fund account has no effect. Provident fund is not the same as endowment insurance, it is just a welfare treatment. However, there are also many cases where the provident fund cannot be withdrawn after the account is closed. After closing the account, there will be no provident fund. If you pay again, you need to open an account again.

1. The cancellation of the provident fund account has no effect. Provident fund is not the same as endowment insurance, it is just a welfare treatment. However, there are also many cases where the provident fund cannot be withdrawn after the account is closed. After closing the account, there will be no provident fund. If you pay again, you need to open an account again.

The cases of cancellation of the provident fund account include retirement, leaving the country to settle down, complete loss of working ability and termination of labor relations with the original unit, death during employment, etc. Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

the deposit scope of the provident fund includes: organs and institutions; State-owned enterprises, urban collective enterprises, urban private enterprises and other urban enterprises or economic organizations; Private non-enterprise units and social organizations; Urban individual industrial and commercial households and freelancers may apply for housing provident fund deposit.

what materials are prepared for the withdrawal of the provident fund account

1. The original ID card of the applicant;

2. Original passbook for housing provident fund;

3. Fill in the application form for individual housing provident fund deposit withdrawal, and confirm it with the seal of the account opening unit;

4. Original retirement certificate;

5. If the retirement age is set, but there is no retirement certificate due to lack of seniority, the approval certificate of the Labor and Social Security Bureau shall be provided.

To sum up, it is Xiaobian's relevant answer on the impact of the cancellation of the provident fund account, hoping to help you

Legal basis:

Regulations on the Management of Housing Provident Fund

Article 24 An employee may withdraw the stored balance in the employee's housing provident fund account under any of the following circumstances:

(1) purchasing, constructing, renovating or overhauling his own house;

(2) retired;

(3) completely losing the ability to work and terminating the labor relationship with the unit;

(4) leaving the country to settle down;

(5) repaying the principal and interest of the house purchase loan;

(6) the rent exceeds the prescribed proportion of family wage income.

in accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, 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 legatee can 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 will be included in the value-added income of the housing provident fund.