The housing fund can be used in the following situations:

1. Purchase, build, renovate or overhaul owner-occupied housing;

2. Retired;

3. completely losing the ability to work and terminating the labor relationship with the unit;

4. Those who leave the country to settle down;

5. Repaying the principal and interest of the house purchase loan;

6. The rent exceeds the prescribed proportion of family wage income.

7. Terminate the labor relationship with the unit and move out of the city;

8. Employees who are not registered in this Municipality terminate their labor relations with their units, are not employed in this Municipality and leave this Municipality;

9. Employees enjoy the urban minimum living guarantee;

1. Part of the employees lose their ability to work and cause serious difficulties in life;

11. The employee suffers from special diseases stipulated by the labor and social security department of Fujian Province (refer to the "departmental documents" column of the website of the Provident Fund Center), causing serious difficulties in family life.

Withdrawal of housing provident fund is as follows:

1. Withdrawal of employee housing provident fund: firstly, apply to the unit, and after being verified by the unit, fill in the Application Form for Withdrawal of Housing Provident Fund (in duplicate) and the Detailed List of Withdrawal of Housing Provident Fund (in duplicate), and affix the official seal and financial seal;

2. The person in charge of the deposit unit or the individual employee holds the original and photocopy of his/her ID card, the Application Form for Housing Provident Fund Withdrawal, the Detailed List of Housing Provident Fund Withdrawal and the original and photocopy of relevant supporting materials, and goes to the Provident Fund Center for withdrawal;

3. The handling personnel or individual employees will return the transfer check to the financial department of the unit, and the financial department will pay the employees cash according to the listed amount.

The housing accumulation fund has several purposes:

1. Lending to buy a house.

if you buy an economical house or a commercial house, you can use the provident fund loan, which will have less interest than ordinary commercial loans. Commercial loans can use the provident fund for down payment or repayment of principal and interest. Generally, you can use the provident fund loan to buy a house after paying for more than 6 months.

2. Rent a house.

the provident fund can pay the rent for renting a house.

3. Parents buy houses for their children or treat serious diseases.

if you use a commercial loan to buy your own house, you can withdraw your parents' provident fund after paying the down payment, and you can use a personal housing provident fund loan to buy your own house, and you can withdraw your parents' provident fund after paying the down payment. Or family members withdraw provident fund to pay for hospitalization expenses.

4. The provident fund can be withdrawn at one time.

you can withdraw it once before closing the account. Such as retiring, retiring, and going abroad to settle down.

The advantages of using provident fund loans are that the housing provident fund paid by employees and the provident fund paid by the company are owned by employees, and the interest can be rolled. Enjoy tax exemption. Interest on loans to buy houses is lowered. If the loan is 1.2 million yuan, the term is 3 years, and the repayment method is equal, the total interest can be saved by about 45, yuan, and the loan can be repaid in advance.

To sum up, at present, the inquiry function of housing provident fund has been opened in most areas. You can go to the website at any time to inquire whether the enterprise has paid the housing provident fund for you.

Legal basis:

Article 24 of the Regulations on the Administration of Housing Provident Fund

Employees may withdraw the balance of their housing provident fund accounts under any of the following circumstances:

(1) purchasing, constructing, renovating or overhauling their own houses;

(2) retired;

(3) completely losing the ability to work and terminating the labor relationship with the unit;

(4) leaving the country to settle down;

(5) repaying the principal and interest of the house purchase loan;

(6) the rent exceeds the prescribed proportion of family wage income.

in accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account will be included in the value-added income of the housing provident fund.