According to the official, the housing accumulation fund is a long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions for their employees.

First, the proportion of housing provident fund payment

1. The contribution ratio of individuals and units to housing provident fund shall not be less than 5% and not more than 12%. The specific payment ratio shall be selected by the unit or individual between 5% and 12%, which is an integer multiple of 1%.

2, urban individual industrial and commercial households, freelancers housing provident fund monthly deposit base in principle, according to the depositor's average monthly tax income in the previous year.

3, the individual housing provident fund deposit ratio is higher than or equal to the unit housing provident fund deposit ratio. For example, the deposit ratio is 10% and the deposit base is 4000 yuan. Then individuals need to deposit in 400 yuan, and units also need to deposit in 400 yuan. This is equivalence. Sometimes the proportion of personal deposits is higher than that of unit deposits. Therefore, if someone finds that they have paid more housing provident fund than the unit, don't be nervous. This is in line with the law.

Second, the benefits of paying housing provident fund

1. After personal deposit, the funds will be doubled. Individuals pay 5%- 12%, and the unit subsidizes in the same proportion. Therefore, after individual employees pay the housing provident fund according to regulations, the funds will double.

2. Calculate and pay interest. The housing provident fund paid in the current year shall be paid at the current interest rate, and if it is carried forward from the previous year, it shall be paid at the three-month lump-sum interest rate.

3. tax exemption. According to the relevant provisions of the state, the housing provident fund is exempt from personal income tax; Housing provident fund paid by enterprises for employees can be deducted before tax.

4, owned by the individual workers. Housing accumulation fund is a policy fund paid by the unit and its employees according to law, which belongs to the individual employees and is stored in the special account of the center for unified management and operation.

5. It can be used to buy and build self-occupied houses. Workers who have paid housing provident fund can withdraw housing provident fund with relevant legal and valid documents when purchasing or building self-occupied housing.

6. You can be a pension. After retirement, employees can withdraw all the principal and interest balance of housing provident fund at one time with retirement certificates, ID cards and other documents.

7. You can apply for a loan. Cadres and workers who have paid the housing provident fund 1 year or more can apply for personal housing provident fund loans when buying or building self-occupied housing.

Three, housing provident fund deposit method

1. Transfer cheque and direct cash deposit (cash delivery book must be filled in).

2. Remittance by bank.

3. Entrust the bank to collect money.

4. Ways to withdraw housing provident fund.

Legal objectivity:

Deposit scope of housing provident fund: the following units and their employees 1, government agencies and institutions; 2. State-owned enterprises, urban collective enterprises, foreign-invested enterprises, enterprises invested by Hong Kong, Macao and Taiwan businessmen, urban private enterprises and other urban enterprises or economic organizations; 3. Private non-enterprise units and social organizations; 4. Permanent representative offices of foreign, Hong Kong, Macao and Taiwan invested enterprises and other economic organizations. Urban individual industrial and commercial households and freelancers can apply for housing provident fund deposit (note: not all urban individual industrial and commercial households and freelancers are allowed to deposit housing provident fund in housing provident fund management centers in community cities, please consult local housing provident fund management agencies for details). The deposit ratio of employees and unit housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and 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. The monthly deposit base of urban individual industrial and commercial households and freelancers' housing provident fund is calculated in principle according to the average monthly tax revenue of the depositor in the previous year. If the unit does not handle the registration of housing provident fund deposit for its employees or the establishment of housing provident fund accounts, the housing provident fund management center shall order it to be handled within a time limit; Failing to handle it within the time limit, a fine of 6.5438+0 million yuan and 50,000 yuan shall be imposed. If the unit fails to pay or underpays the housing provident fund within the time limit, the housing provident fund management center shall order it to pay within a time limit; If the deposit is not made within the time limit, it may apply to the people's court for compulsory execution. Characteristics of housing provident fund: (1) universality, urban workers must pay housing provident fund in accordance with the provisions of the Regulations, regardless of the nature of their work units, family income and whether they have housing; (2) Mandatory (policy). If the unit fails to register the deposit of housing provident fund or fails to set up a housing provident fund account for employees, the housing provident fund management center has the right to order it to handle it within a time limit. If no correction is made within the time limit, it may be punished according to the relevant provisions of the Regulations, and may apply to the people's court for compulsory execution; (3) Welfare, in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans; (4) Retractability: If the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, or the household registration moves out and settles abroad, the paid housing provident fund will be returned to the individual employee. The scope of payment of housing provident fund includes organs and institutions; State-owned enterprises, urban collective enterprises, foreign-invested enterprises, Hong Kong, Macao and Taiwan invested enterprises, urban private enterprises and other urban enterprises or economic organizations; Private non-enterprise units and social organizations; Permanent representative offices of foreign, Hong Kong, Macao and Taiwan invested enterprises and other economic organizations.