When does the company pay the provident fund

Social Security Center is the 25th of each month to the 5th of the following month to deduct the month of social security, provident fund depends on the specific day of each company is the day of collection, and then 3 working days in advance of the social security and provident fund monthly withholding time is not certain. General social security bureaus around the world is generally between the 20th and 25th normal deduction of the company's employees this month's social security costs, social security bureaus around the world is generally between the 20th and 25th normal deduction of the company's employees this month's social security costs. There is no fixed date, it is decided according to the pay date of the contributor's monthly salary. The CPF stipulates the time to pay into the CPF account within 5 working days after the monthly salary is paid. If you want to take out a loan with your CPF, you must have contributed for at least 12 months and still be contributing when you take out the loan. The Housing Provident Fund (HPF) stipulates that monthly contributions should be made within 5 days from the date of payment of the employee's monthly salary to the HPF account, which will be credited to the employee's HPF account by the commissioned bank. For a CPF loan, one must have made continuous contributions for at least 12 months and be making continuous contributions at the time of the loan. 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 active employees to contribute to the long-term housing reserve.

Individual contributions to the provident fund are as follows:

The unit established should register for housing fund contributions at the Housing Provident Fund Management Center within 30 days from the date of establishment, and within 20 days from the date of registration, with the review documents from the Housing Provident Fund Management Center, go to the commissioned bank to set up the housing provident fund accounts for the employees of the unit. Simply put, according to the local provident fund policy, the individual and the unit each contributes a certain percentage of the provident fund, the unit directly from the individual's salary deduction of the amount of the provident fund, the unit and then the proportion of the amount of the provident fund by the unit each month to the local provident fund account.

In summary, the first newly joined the work of the employee from the second month of the work of the housing fund, the second unit of the new transfer of the employee from the transfer of the unit payroll date to contribute to the housing fund.

Legal basis:

Article 19 of the Regulations on the Administration of Housing Provident Funds

The housing provident fund deposited by an individual employee shall be withheld and paid by his/her employer from his/her salary every month.

The unit shall, within five days from the date of monthly payment of the employee's salary, remit the housing provident fund deposited by the unit and contributed on behalf of the employee to the special account of the housing provident fund, which shall be credited to the employee's housing provident fund account by the entrusted bank.

Article 25

When an employee withdraws the stored balance in his/her housing fund account, the unit in which he/she works shall verify it and issue a certificate of withdrawal.

The employee shall apply to the Housing Provident Fund Management Center for the withdrawal of the Housing Provident Fund with the withdrawal certificate. The housing fund management center shall accept the application within three days from the date of the decision to allow or disallow the withdrawal, and notify the applicant; allowed to withdraw, by the commissioned bank for payment procedures.