you can pay the provident fund yourself.
Provident fund refers to a social insurance paid by employees voluntarily and withheld and remitted by the unit. In the modern society, provident fund has gradually become an important financial means, providing workers with a way to live a more stable life in the future.
Provident fund is not only an insurance method, but also a social responsibility. For some reasons, you may not be able to enjoy the enterprise provident fund. If you don't want to rely on your company, you can apply for and pay the provident fund separately, so as to reserve some financial assistance for your future.
the benefits of paying the provident fund are manifold. It can reserve some funds for your future life. It can be used as an economic support mechanism to provide the motive force for pursuing a more stable and sustainable journey. It can be used as a resistance to your future investment risks and help you achieve a better financial peak.
definition of housing accumulation fund
1. Housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.
2. Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.
3. The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.
4. The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid in accordance with the regulations without interruption during their employment, and shall not be suspended or interrupted except for employees' retirement or other specified circumstances.
5. The housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure.