for government agencies, institutions and state-owned entities, the minimum payment ratio is 5%, and the maximum payment ratio shall not exceed 12%. Other enterprises, such as private enterprises, foreign-funded enterprises, Sino-foreign joint ventures, private institutions, etc., have a minimum payment ratio of 5%, which in principle should not exceed 12%. However, such enterprises can also pay more than 12%, but the part that exceeds 12% should be taxed in accordance with state regulations. Individual industrial and commercial households and flexible employees shall bear the total deposit ratio, the minimum deposit ratio shall be 1%, and the maximum deposit ratio shall not exceed 24% in principle, and the excess shall be taxed in accordance with state regulations.

The extraction process of housing provident fund is as follows:

1. Users must go to the provident fund management center to apply for electronic signing;

2. Pay attention to the local "housing accumulation fund" in WeChat official account;

3. After paying attention, enter WeChat official account, and then click the "I want to handle" and "I want to extract" options.

4. Select the type of withdrawal and enter the account and SMS verification code as required. After logging in, you can see the amount that can be withdrawn.

what is the impact of the withdrawal of the provident fund?

1. You cannot withdraw the provident fund again for the same reason within two years;

2. You can't use the provident fund to buy a house within 6 months to 1 year, and you need to pay the personal provident fund for 6 months.

3. Withdrawing the provident fund will affect the amount of provident fund loans in the future;

4. If the other half has used the personal provident fund loan before, although the personal provident fund withdrawal does not occupy the amount of the personal provident fund loan, because the family has used the provident fund loan once before, and this is also the second suite purchased, it belongs to the second suite purchase loan, and at least 6% of the down payment must be paid.

how to withdraw all the provident fund?

1. If you want to withdraw all the personal provident fund, you can only withdraw it after the legal retirement age, and the money withdrawn after retirement includes principal and interest;

2. If an individual is still under retirement age, if he wants to withdraw the provident fund halfway, he needs to meet certain requirements, such as buying a house or building a household;

3. If an individual leaves his original work unit, he can apply for withdrawal of the housing accumulation fund paid by the individual during his working period, but this also means that what the unit has paid will be turned over to the public. If an individual finds a new work unit, he can go through the formalities of transferring the provident fund. At this time, it is a full transfer;

4. The repayment time of provident fund loans can be changed. Provident fund loans refer to loans enjoyed by group users who deposit housing provident fund, and users who only need to deposit provident fund can apply for individual housing provident fund loans in accordance with the relevant provisions of provident fund loans;

5. The maximum amount of provident fund loans shall not exceed 7% of the total purchase price. If you want to change the repayment time of the provident fund loan, you need the borrower to repay the loan normally for more than one year, and the credit is excellent and there is no overdue. The loan period of the provident fund is 1 to 3 years, which shall not exceed the statutory retirement age of the borrower.

to sum up, the contribution ratio of public institutions' provident fund is 5%-12%.

Legal basis:

Article 18 of the Regulations on the Management of Housing Provident Fund

The contribution ratio of housing provident fund for employees and units shall not be less than 5% of the average monthly salary of employees in the previous year;

cities with conditions can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee, and shall be submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.