What does the supplementary provident fund in the recruitment information mean?

What does supplementary provident fund mean? The supplementary housing provident fund system is a supplement to the housing provident fund system. Its basic characteristics are the same as the provident fund. It is a long-term housing savings, which is used for employee housing consumption and belongs to individual employees. No compulsory payment, no more than 7% for individuals and no less than 1% for units. So, how to withdraw the supplementary provident fund?

Supplementary provident fund

How to withdraw the supplementary provident fund?

Workers who purchase, build, renovate or overhaul their own houses and own all or part of the property rights can withdraw the balance in the individual supplementary housing provident fund account, and the amount of withdrawal shall not be greater than the following prescribed limits:

1. Before the month (including the month) when the house purchase contract or agreement is signed, or before the month (including the month) when the construction, renovation and overhaul of self-owned houses are approved, the individual shall replenish the balance of the provident fund account.

2. Purchase amount or construction and repair expenses or down payment amount.

Employees who have applied for housing loans can withdraw the balance of individual supplementary housing provident fund accounts, and the withdrawal amount shall not exceed the repaid housing loan principal and interest, or they can withdraw the balance of their supplementary housing provident fund accounts at one time for the down payment.

Workers who are included in the minimum living guarantee for urban residents in this city can withdraw the balance of individual supplementary housing provident fund accounts, and the amount of withdrawal shall not exceed the rent paid after 20 15 March 1 day and included in the minimum living guarantee.

Employees who meet the housing consumption withdrawal conditions can also withdraw the balance of their spouse's individual supplementary housing provident fund account. Both husband and wife should go through the extraction and examination procedures in the management department or sub-center where the purchaser, borrower or lessee has paid the supplementary housing provident fund. The amount withdrawn by both parties shall be calculated together and shall not exceed the prescribed amount.

Workers with housing consumption withdraw supplementary housing provident fund, and their personal accounts will maintain at least one yuan balance after withdrawal.