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Will the social security stop paying the housing provident fund for three months automatically cancel the account?
1. According to the relevant regulations of Shenzhen Provident Fund Management Center on "Social Security Suspension":
1. The company handles the termination of payment for employees. If the company handles it at the front desk of the Social Security Bureau, it shall submit the resignation certificate. ,
2. Prepare materials and submit an application to the social security agency in the jurisdiction.
It can be done in one working day.
Second, when employees and units terminate labor relations, they stop social security and do not pay provident fund at the same time. The employee's individual provident fund account is transferred to the centralized sealed account of the provident fund management center by the employer;
3. Once working in a new unit in Shenzhen, transfer from the new unit to a sealed special account and transfer to the provident fund account of the new unit;
4. Exceptions under special circumstances refer to: men over 50 years of age and women over 45 years of age, unemployed and housing provident fund accounts have been sealed for 2 years, which can be automatically cancelled and employees can withdraw the balance of provident fund accounts.
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