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Pudong provident fund extraction banlidian
Legal basis: Article 7 of "Several Provisions on the Management of Housing Provident Fund in Shanghai" If an employee is under any of the following circumstances, he/she may apply to the Municipal Provident Fund Management Center to withdraw the storage balance in his/her housing provident fund account: (1) purchasing, building, renovating or overhauling his/her own house; (2) retirement; (three) most or all of them lose their ability to work and terminate their labor relations with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income; Employees who enjoy the minimum living guarantee for urban residents, or employees who have been unemployed for more than two years in a row and have serious difficulties in family life, or employees who have serious difficulties in family life due to serious illness of themselves, their spouses and their immediate family members, can also apply to the Municipal Provident Fund Management Center for withdrawing the storage balance in their housing provident fund accounts to pay rent, special property maintenance funds, property service fees and other expenses. After the employee withdraws the balance stored in the housing provident fund account, his right to enjoy social security according to law will not be affected.
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