the housing accumulation fund must be bought for employees. The details are as follows:
1. The employer must pay the housing accumulation fund to the employees;
2. In violation of relevant laws and regulations, if the unit fails to register the deposit of housing provident fund or fails to go through the formalities for the establishment of housing provident fund accounts for its employees, the housing provident fund management center shall order it to be handled within a time limit; Fails to handle, a fine of 1 thousand yuan and 5 thousand yuan;
3. Housing accumulation fund and social security are completely two systems. Housing provident fund does not belong to the scope of social security, and it has no social security attribute. It is more like a mutual fund for employees to buy houses with Chinese characteristics.
4. In order to ensure the life of employees, the housing accumulation fund is also constantly developing corresponding extraction methods related to housing accumulation fund and others. The state has gradually noticed various problems in housing provident fund, and is also trying to improve social security and reduce the proportion of provident fund.
legal basis: article 13 of the regulations on the administration of housing provident fund
the housing provident fund management center shall set up a special account for housing provident fund in the entrusted bank.
the unit shall register the housing provident fund deposit with the housing provident fund management center, and go through the formalities for the establishment of housing provident fund accounts for its employees. Each employee can only have one housing provident fund account.
the housing provident fund management center shall establish a detailed account of employees' housing provident fund to record the deposit and withdrawal of employees' individual housing provident fund.
Article 14
A newly established unit shall, within 3 days from the date of establishment, register the housing provident fund deposit with the housing provident fund management center, and within 2 days from the date of registration, go through the formalities for the establishment of housing provident fund accounts for its employees.
in case of merger, division, cancellation, dissolution or bankruptcy of a unit, the original unit or liquidation organization shall handle the registration of change or cancellation of registration with the housing provident fund management center within 3 days from the date of the above-mentioned situation, and it shall become the unit within 2 days from the date of completing the registration of change or cancellation.