Why can't teachers' housing provident fund pay property fees?

Housing provident fund can not pay property fees.

According to the provisions of Article 24 of the Regulations on the Management of Housing Provident Fund, employees can withdraw the storage balance in their housing provident fund accounts in any of the following circumstances:

1, purchase, construction, renovation and overhaul of owner-occupied housing.

2. Repay the principal and interest of the loan for the purchase and construction of owner-occupied housing;

3. Renting self-occupied housing, and the rent exceeds a certain proportion of family wage income;

4. Retired;

5. Go abroad to settle down;

6. The employee dies or is declared dead;

7. Enjoy the urban minimum living guarantee;

8, completely or partially lose the ability to work, and terminate the labor relationship with the unit;

9. Other circumstances stipulated by the CMC in accordance with relevant laws and regulations.

Summary: Article 25 of the Regulations stipulates that if an employee withdraws the storage balance in the housing provident fund account, it shall be verified by his unit and a certificate of withdrawal shall be issued. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.