Beijing Provident Fund Loan Withdrawal
The provident fund in Beijing can be withdrawn after it has been sealed for 6 months. The specific reasons are as follows:
1. The law stipulates that the employee and the unit terminate the labor contract, and the provident fund If the account has been sealed for 6 months, you can cancel the personal housing provident fund and withdraw the balance;
2. In addition, if the personal provident fund account has been sealed or suspended for 24 months, you can also withdraw it. Provident funds are earmarked and can only be used for housing-related purposes, such as purchasing, building, repairing their own homes or paying rent. The purpose is to provide low-interest loans to employees who lack funds to buy a house. If employees can withdraw personal provident funds or pay rent at will, Withdrawing all the money at once will not save enough funds to meet the employees' needs for home loans. In other words, only by limiting the use and withdrawal amount of provident funds can we ensure that the long-term savings can be used for employees’ housing expenses.
The details of the provident fund withdrawal process are as follows:
1. Bring the application materials to the provident fund withdrawal window. The specific materials are as follows:
(1) Marriage certificate and copy Documents are not required if the applicant is not married;
(2) Identity certification materials. Married persons need to provide the couple’s ID cards and copies, both of which must be included and both are indispensable. It should be noted that this is not only for married people, unmarried singles also need to provide ID cards and copies.
(3) The property ownership certificate and its copy are required. This item is for people who own houses. If you do not own a house but rent a house, you need to provide a copy of the property ownership certificate of the rented house;
(4) Divorce and retirement certificate . This article is for people who have retired or retired. If these people want to withdraw their provident funds, they need to present the divorce or retirement certificate issued by the company to the relevant departments.
(5) Bring relevant minimum living allowance certificates for application. This is for people with difficulty in living and low-income groups, but it is important to bring a series of copies of ID card, household register, etc. to apply. ;
(6) A "Housing Provident Fund Withdrawal Application Form". This information needs to be obtained from the Provident Fund Center.
2. Review by the Provident Fund Center;
3. If you choose to withdraw money by card transfer, the provident fund withdrawal window will handle the matter;
Legal basis: "Regulations on the Administration of Housing Provident Fund" 》Article 9
The Housing Provident Fund Management Committee shall perform the following responsibilities in the management of Housing Provident Fund:
(1) Formulate and adjust the specific management of Housing Provident Fund in accordance with relevant laws, regulations and policies measures and supervise their implementation;
(2) According to the provisions of Article 18 of these Regulations, formulate the specific payment ratio of the housing provident fund;
(3) Determine the maximum housing provident fund Loan amount;
(4) Examine and approve the housing provident fund collection and use plan;
(5) Review the housing provident fund value-added income distribution plan;
(6) Examine and approve reports on the implementation of housing provident fund collection and use plans.
Beijing Provident Fund Withdrawal
The withdrawal process of Beijing Provident Fund is that employees who have paid housing provident funds apply to their units, and the units should verify it and issue a withdrawal certificate. Employees should apply to the Housing Provident Fund Management Center to withdraw the housing provident fund with the withdrawal certificate, and the Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not within 3 days from the date of accepting the application.
Legal Basis
Article 25 of the "Housing Provident Fund Management Regulations"
If an employee withdraws the balance in the housing provident fund account, the unit where he works shall verify it , and issue a withdrawal certificate.
Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.
Article 26
Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating or overhauling their own homes.
The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures.
The risks of housing provident fund loans are borne by the housing provident fund management center.
Warm reminder
The above answers are only based on the current information and my understanding of the law. Please refer to it with caution!
If you still have questions about this issue, it is recommended that you sort out the relevant information and communicate with professionals in detail.