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Xiamen provident fund, how to receive social security

Social security cannot be withdrawn. Employees need to go to the Human Resources and Social Security Bureau to receive pension insurance after they reach retirement age.

The housing provident fund needs to be withdrawn at the provident fund management center after meeting certain conditions.

According to Article 15 of the Social Insurance Law, basic pensions consist of pooled pensions and personal account pensions.

The basic pension is determined based on the individual’s cumulative contribution years, contribution salary, average salary of local employees, personal account amount, average life expectancy of the urban population and other factors.

Article 16 Individuals who participate in the basic pension insurance and have made cumulative contributions for fifteen years when reaching the statutory retirement age shall receive a basic pension on a monthly basis.

Individuals participating in basic pension insurance who have paid less than fifteen years of cumulative contributions when they reach the legal retirement age can pay for fifteen years and receive basic pensions on a monthly basis; they can also transfer to new rural social pension insurance or urban resident social pension insurance.

, enjoy corresponding pension insurance benefits in accordance with the regulations of the State Council.

Article 17 If an individual participating in the basic pension insurance dies due to illness or not due to work, his or her surviving family members may receive funeral subsidies and pensions; if an individual becomes disabled due to illness or not due to work before reaching the legal retirement age, he or she completely loses the ability to work.

Yes, you can receive disability allowance.

The required funds are paid from the basic pension insurance fund.

Article 24 of the "Housing Provident Fund Management Regulations" If an employee has any of the following circumstances, he or she may withdraw the balance in the employee's housing provident fund account: (1) Purchase, build, renovate, or overhaul a self-occupied house; (2) Retirement,

Retired; (3) Completely lost the ability to work and terminated the labor relationship with the employer; (4) Settled abroad; (5) Repaid 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, when the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time.

If an employee dies or is declared dead, the employee's heirs or legatees can withdraw the balance in the employee's housing provident fund account; if there is no heir or legatee, the balance in the employee's housing provident fund account will be included in the appreciation income of the housing provident fund.

Article 25 If an employee withdraws the balance in the housing provident fund account, the unit where he/she works shall verify it and issue a withdrawal certificate.

Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate.

The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.