How to use social security housing provident fund

Housing provident fund has the following purposes. Seven purposes of housing accumulation fund: housing construction, renovation and overhaul. In rural collective land construction, renovation, overhaul of their own housing and the use of housing loans, employees and their spouses can apply for withdrawal of the amount of provident fund before the month of building approval (including the month), and the total withdrawal does not exceed the cost of building. Buy a house and repay the loan. If you don't borrow money to buy a house, you can withdraw the provident fund at one time; Commercial loans can draw provident fund for down payment; Commercial loans to buy a house can be withdrawn from the provident fund to repay the principal and interest; Provident fund (portfolio) loans can be used to withdraw provident fund to repay principal and interest. Parents buy houses for their children. If you buy a house by yourself and don't use a housing loan, you can withdraw your parents' provident fund; Use a personal housing loan from a commercial bank to purchase your own house, and you can withdraw your parents' provident fund after paying the down payment; Buy your own house with a personal housing provident fund (portfolio) loan, and you can withdraw your parents' provident fund after paying the down payment. Rent a house. The use of provident fund to pay rent or government rent subsidies for economic rental housing rent; Pay the market rent with the provident fund. Including extraction and use in low-income or extremely poor areas. Workers are included in the minimum living guarantee or poor relief scope for urban residents, and the employees themselves and their spouses can apply for withdrawal of housing provident fund, and the withdrawal amount does not exceed the amount of housing provident fund before being included in the minimum living guarantee or poor relief scope; Cancel the account and withdraw all the balance. Divorce or retirement; Workers with agricultural household registration, men over 60 years old and women over 55 years old; Settled abroad, Hong Kong, Macao and Taiwan; Completely lost the ability to work, mostly lost the ability to work or severely disabled, and dissolved or terminated the labor relationship with the unit; Receive unemployment insurance benefits; Being sentenced to punishment, the laborer whose registered permanent residence moved to the city or non-city dissolved or terminated the labor relationship with his unit; The housing provident fund account has been transferred to the centralized storage account for 2 years or the labor relationship with the original unit has been terminated for 2 years; If you work outside the administrative area of your city and establish and deposit housing provident fund locally, you can cancel your account and withdraw all the balance of the provident fund. Treat major diseases.

Legal objectivity:

The concept of housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees. The definition of housing accumulation fund includes the following five aspects: (1) Housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas. (2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system. (3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit. (4) The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund. (5) Housing provident fund is a personal housing savings fund for employees' housing consumption expenditure, which has two characteristics: first, it is cumulative, that is, although housing provident fund is an integral part of employees' wages, it is not paid in cash, and must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented. The second is special. The housing provident fund is earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when the employee retires, dies, completely loses the ability to work, terminates the labor relationship with the unit or moves out of the original city can the housing provident fund in his account be withdrawn. According to China's regulations, all enterprises, whether state-owned or private, must deposit and pay housing provident fund for their employees. Housing accumulation fund is a long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees. Only urban residents and urban workers have it.