Payment of social security accumulation fund in Shenzhen

Supplementary conditions for housing provident fund are:

1. The unit has gone through the registration of housing provident fund deposit and special person registration.

2. Pay employees in the name of the company.

Then, under what circumstances can employees go through the formalities of paying back the housing provident fund?

(1) If the time for the deposit unit to open a housing provident fund account for newly hired employees obviously lags behind the time for the formation of actual labor relations, the unit shall repay the unpaid housing provident fund for employees during this period;

(2) If the amount of housing provident fund deposit increases due to the failure to adjust the base of housing provident fund in time, the balance of housing provident fund deposit shall be paid back. (Note: Staff of government agencies and institutions and community workers pay the adjusted difference of housing provident fund base every year according to relevant documents. )

(3) If the unit transfer is not confirmed in time, the employee shall go through the payment formalities.

Whether the housing provident fund can be paid depends on the local housing provident fund deposit policy. You can visit the local housing provident fund management website to inquire about the relevant work guidelines and policies for housing provident fund deposit.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.