Suzhou Provident Fund Payment Standard 2023

Suzhou provident fund payment standards are as follows:

1. The deposit base of Suzhou employees' provident fund shall be determined according to the average monthly salary of employees, specifically in accordance with the Provisions on the Composition of Total Wages issued by the National Bureau of Statistics;

2. The maximum deposit base of the provident fund shall not exceed 3 times the average monthly salary of Suzhou employees. In 2023, the maximum deposit base of Suzhou Provident Fund is 3 1.600 yuan. If the monthly salary base of employees exceeds the maximum limit, it shall be calculated according to the maximum limit, and if it is lower than the maximum limit, it shall be calculated according to the actual situation;

3 provident fund deposit base shall not be lower than the local social security minimum payment base. If the actual salary is really lower than the local minimum social security payment base, it will be adjusted after the approval of Suzhou Provident Fund Management Center, but the minimum wage shall not be lower than the monthly minimum wage in Suzhou. Overdue adjustment, and the provident fund deposit base is lower than the local social security minimum payment base, unified adjustment by the provident fund management center for the local social security minimum payment base.

4. Flexible employees who pay the provident fund shall be implemented according to the following standards: the wage base of individual industrial and commercial households and their employees shall be consistent with the social security payment base, and the upper and lower limits of the payment ratio shall be implemented in accordance with the payment regulations. Freelancers should pay 500 yuan/month at the minimum and 5,000 yuan/month at the maximum.

5. The adjusted provident fund deposit base will be implemented from July 2023, and the underpayment from July 2023 to the month of adjustment will be made up by the unit.

The way to withdraw the provident fund is as follows:

1, house purchase withdrawal. When using this method to withdraw the provident fund, you can directly withdraw it in full from the housing provident fund management center;

2. Housing loan withdrawal. In the absence of binding provident fund repayment, if there is a mortgage to be repaid at present, the provident fund can be withdrawn once a year to repay the loan according to regulations;

3, the use of rental contracts to extract provident fund. Now, many regions have implemented such regulations. If employees rent a house, they can use the lease contract to withdraw the provident fund from their accounts. However, it should be noted that there will be a limit on the withdrawal of the provident fund, and the amount of withdrawal of the provident fund should be within the amount of one year's rent payment. However, if you want to withdraw all the provident fund, you need to meet more conditions, and it is not enough to withdraw it by renting a house;

4. Extraction of house decoration. Housing renovation or renovation of old houses can also apply for withdrawal of provident fund. After providing the certification materials such as the decoration entrustment contract with the decoration company, it can be extracted. The staff of the provident fund management center will also inform you of the specific materials you need in advance;

5. The court decided to withdraw the provident fund.

To sum up, the deposit base of Suzhou's highest provident fund shall not exceed three times the average monthly salary of Suzhou employees, and the deposit base of the provident fund shall not be lower than the minimum payment base of local social security.

Legal basis:

"Regulations" of housing provident fund management sixteenth

The monthly deposit amount of employee housing provident fund is the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund.

The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.

Article 17

The new employee starts to pay the housing provident fund from the second month after joining the work, and the monthly payment amount is the employee's own salary multiplied by the employee's housing provident fund payment ratio.

The newly transferred employees of the unit shall pay the housing provident fund from the date when the transferred employees pay their wages, and the monthly deposit amount shall be the employee's monthly salary multiplied by the employee's housing provident fund deposit ratio.