An overview of the housing provident fund base calculation method and payment standards, including monthly payment base, payment ratio, deferred payment reduction ratio and payment upper limit.

It is important to understand how cardinality is calculated and related information.

1. Housing provident fund base: 1. Housing provident fund base calculation method: The calculation caliber of the average monthly total salary of employees is based on the average total monthly salary of employees = total annual salary of the employee ÷ the actual number of months of salary payment.

The total annual salary of an employee refers to the total labor remuneration paid directly by each unit to its employees within one year.

2. The monthly payment base for employees’ housing provident fund shall not be lower than the Beijing salary standard of 1,720 yuan announced by the Beijing Municipal Human Resources and Social Security Bureau; the monthly payment base for employees who are laid off, retired and other similar situations shall not be lower than 1,204 yuan for Beijing’s basic living expenses.

3. The housing provident fund payment ratio for employees of government agencies, public institutions, and units is 12% each, and for other units is 8%-12%.

The proportion of employees’ personal housing provident fund contributions must be consistent with the proportion of units’ contributions to employees’ housing provident funds.

The deposit ratio of foreign-invested enterprises can be implemented according to relevant documents of the municipal government.

2. The lower limit for housing provident fund payment: In the housing provident fund year, the monthly payment base for employees’ housing provident fund shall not be lower than the Beijing salary standard (1,560 yuan) announced by the Beijing Municipal Human Resources and Social Security Bureau; the monthly payment for employees who are laid off, retired and other similar situations

The deposit base shall not be lower than the basic living expenses in Beijing, that is, the salary standard multiplied by 70%, which is 1,092 yuan.

Based on this calculation, the lower limit of annual employee housing provident fund monthly payment is 1560 yuan × 12% × 2, totaling 374.4 yuan.

Employees who are laid off or retired from their jobs will have to pay a total of RMB 262.08 less in provident fund per month.

3. Housing Provident Fund deferment and ratio reduction: The Housing Provident Fund Management Committee authorizes the Beijing Housing Provident Fund Management to review and approve units’ housing provident fund deferment and reduction ratio applications, and report to the Beijing Housing Provident Fund Management Committee for record.

In principle, the lower limit for units to apply to reduce the housing provident fund contribution ratio is not less than 8%.

4. Housing provident fund payment upper limit: The upper limit of monthly housing provident fund payment is 300% of the average monthly salary of employees in Beijing in the previous year, multiplied by the unit and employee housing provident fund payment ratio respectively.

The implementation period is a housing provident fund year, that is, from July 1 of the current year to June 30 of the following year.

The upper limit of employee housing provident fund contributions is announced once a year.

In fact, the housing provident fund base standard is not very difficult to understand. Through the simple introduction given above, you can easily master the calculation method.

Friends who are more concerned about the housing provident fund should not only pay attention to the calculation method, but also pay more attention to its other information. For example, the provident fund will be adjusted due to changes in time.

The adjustment of the housing provident fund base will have a certain impact on both individuals and units.

For individuals, base adjustment will directly affect the amount of provident fund they pay, which may increase or decrease the amount of individual contributions.

For the unit, the base adjustment will affect the provident fund ratio and cost it pays.

In order to cope with this adjustment, individuals can adjust their financial plans based on the new base, arrange their budgets reasonably, and ensure that they can afford the new payment amount.

Units can communicate with employees, explain the reasons and impacts of adjustments, and provide necessary support and guidance.

In addition, units can also consider optimizing salary and welfare policies and providing other incentives to balance the impact of base adjustments.

In short, base adjustment is an issue that requires both individuals and units to deal with together. Through reasonable planning and effective communication, the adverse impact on both parties can be reduced.

Legal basis: "Housing Provident Fund Management Regulations": Chapter 3 Payment and Deposit Article 19 The housing provident fund paid by individual employees shall be withheld and paid by the unit from their wages every month.

The unit shall remit the housing provident fund deposited by the unit and paid on behalf of the employees to a special housing provident fund account within 5 days of the monthly payment of employee wages, and the entrusted bank shall include it in the employee housing provident fund account.