Is it the same thing to reduce the number of employees and seal up the provident fund?

Reducing the number of employees in the provident fund and sealing it are not the same thing.

1, with different properties.

The reduction of housing provident fund is to suspend the registration of the insured (that is, reduce the number of employees), and the sealing of housing provident fund means that the housing provident fund account cannot be transferred because of the interruption of the wage relationship between the unit and the employees (but the labor relationship is still maintained), which does not meet the conditions for withdrawing housing provident fund from the account. The storage of the housing provident fund account that has been interrupted shall be sealed.

2. The procedures are different.

Provident fund downsizing requires the original unit to handle social security downsizing, and the provident fund storage needs to enter a new company before it can be unsealed.

1. What is the attrition of provident fund?

Natural attrition of provident fund: If the employer terminates the labor relationship with the employee, the unit shall handle the transfer or sealing procedures of the housing provident fund account for the employee within 30 days from the date of termination of the labor relationship. When the employing unit cuts staff, it is required to provide the Audit Form of Employee Housing Provident Fund Account Stamped with the official seal of the employing unit in duplicate, a copy of the ID card of the laid-off employee (stamped with the official seal of the employing unit), a copy of the certificate of termination of the labor contract or resignation (stamped with the official seal of the employing unit), and go to the housing provident fund collection bank to handle the formalities of housing provident fund stamping.

Second, what is provident fund storage?

The reasons for sealing employees' housing provident fund accounts include employees' resignation, suspension of wages and other reasons to stop issuing housing provident fund. , and the workers are transferred due to work, and the new unit has not established housing provident fund or paid housing provident fund, and the balance of housing provident fund is still in the account of the original unit housing provident fund.

The closure of the account can only indicate that the employees have stopped paying the housing provident fund at present, rather than that the funds in the account have been frozen. Therefore, when employees meet the extraction conditions, employees can also extract housing provident fund according to regulations. So as long as you meet the withdrawal conditions, of course, you can withdraw, which is not affected by the sealing of the account.

Third, how to withdraw the provident fund?

To withdraw the housing provident fund, you need to provide the following information:

1. If we, as employees, terminate the labor contract with the company, and the registered permanent residence has been sealed for more than 5 years (including 5 years), or if the female employees are over 45 years old and the male employees are over 50 years old, we can provide the documents or notarized proof of the termination of the labor relationship with the company (bring the original and copy it on A4 paper).

2. As an employee who terminates labor relations with the unit, he is not a local household registration. We need to provide the household registration book (bring the original and copy it on A4 paper).

3. If you terminate the labor relationship with the company and work and live in a different place, you need to provide a long-term residence permit in a different place or a long-term residence certificate issued by the local police station, and a certificate of establishing a labor relationship with the new company (bring the original and copy it on A4 paper).

4, the applicant to extract the application.

5. Applicant's ID card (with original copy on A4 paper).

6. Fill in the unit name and employee name in the application for housing provident fund withdrawal. The withdrawal amount should be left blank first, and each page should be stamped with the official seal of the unit.

legal ground

Regulations on the administration of housing provident fund

Article 3 The housing accumulation fund paid by individual employees and the housing accumulation fund paid by the unit where employees work for employees belong to individual employees.