What department does the social security accumulation fund belong to?

First, the housing provident fund belongs to the housing provident fund management center, which is responsible for the implementation and supervision of the housing provident fund policy. Housing provident fund management center is an independent institution directly under the Municipal People's Government, which is not for profit.

Two, in addition, the construction administrative departments of the people's governments of all provinces and autonomous regions shall, jointly with the financial departments at the same level and the branches of the People's Bank of China, be responsible for supervising the implementation of the regulations and policies on housing provident fund management within their respective administrative areas.

Three, according to the "Regulations" housing provident fund management specific provisions are as follows:

1, article 7? The construction administrative department of the State Council shall, jointly with the finance department of the State Council and the People's Bank of China, formulate the housing accumulation fund policy and supervise its implementation.

The construction administrative departments of the people's governments of provinces and autonomous regions shall, jointly with the financial departments at the same level and the branches of the People's Bank of China, be responsible for supervising the implementation of the regulations and policies on housing provident fund management within their respective administrative areas.

Article 10? The cities where the people's governments of municipalities directly under the central government, provinces and autonomous regions are located and other cities divided into districts (prefectures and leagues) shall set up housing provident fund management centers in accordance with the principle of simplification and efficiency, and be responsible for the management and operation of housing provident fund. County (city) does not set up housing provident fund management center.

The housing provident fund management center specified in the preceding paragraph may set up branches in counties (cities) where conditions permit. The housing provident fund management center and its branches shall implement unified rules and regulations and conduct unified accounting.

Housing provident fund management center is an independent institution directly under the Municipal People's Government, which is not for profit.

Extended data

The definition of this housing provident fund includes the following five aspects:

1. The 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 do not implement the housing provident fund system, 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 individual contributions of employees are withheld by the unit, they will be paid into the individual account of housing provident fund together with the unit contributions.

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. 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 be withdrawn from the account.

Baidu encyclopedia-accumulation fund

Baidu Encyclopedia-Regulations on the Management of Housing Provident Fund