Can a company pay its own provident fund if it doesn't?

You can pay by yourself. Some cities support individuals to pay the provident fund, and you can pay it yourself after these cities meet certain conditions. In cities that don't support individuals to pay provident fund, if they don't, companies can also pay themselves through affiliated companies. Generally, companies support employees to pay by themselves.

The company has not paid the provident fund, and as an individual, it can also pay the provident fund, but it needs to be converted into flexible employment. There must be a premise here that the technology company didn't help us buy five insurances or funds, but individuals don't want to give up this job and offend the employer. They can apply for relevant social security and buy the corresponding housing provident fund as their flexible employment. You can go to the local social security bureau. If you want to go back to your hometown, you can also go back to the office hall of the local social security department. As a flexible employee, you can choose some grades to apply for social security, or you can choose not to pay too high a fee according to your own ability, which is likely to be unaffordable.

What's the use of paying the provident fund

1. Used to buy houses.

If you want to borrow money to buy a house, you can apply for a provident fund loan. The low interest rate of provident fund loans can save a lot of loan interest for loan users.

If you don't apply for a loan, you can withdraw the provident fund at one time to pay the down payment for the house; Users who have applied for commercial loans to purchase houses can withdraw the provident fund to repay the loan principal and interest on a monthly basis.

2 for the construction, renovation or overhaul of houses.

When the depositor of the provident fund needs to build his own house, or renovate or overhaul his own house, he can apply for a one-time withdrawal of the housing provident fund to pay for the construction, renovation and overhaul of the house.

rent a house

Some urban provident funds can also be used for renting houses. If the monthly rental expenditure exceeds a certain proportion of the family income of the depositor of the provident fund, then the provident fund can be withdrawn monthly to pay the housing rent.

4. Used to treat major diseases

If the family members of the provident fund payer are unfortunately suffering from serious diseases, they can apply for withdrawing the provident fund to pay medical expenses and reduce the family burden.

5. Use it to buy a house for children

According to Article 15 of Several Provisions on Provident Fund Management: If employees or their parents or children buy, build, renovate or overhaul their own houses in this city, employees may apply to the Provident Fund Management Center for housing provident fund loans.

6. After formal retirement, you can withdraw it at one time.

If the payer of the provident fund formally retires, he may apply for a one-time withdrawal of the provident fund. For retirees, one-time withdrawal of provident fund is a considerable pension.

Housing accumulation fund extraction process

1. If you want to withdraw the provident fund, employees must first apply to the unit, and the unit will review the relevant certificates submitted by individuals. In line with the extraction conditions, the unit shall fill in the "Approval Form for Individual Extraction of Housing Provident Fund" and affix the reserved seal.

2. The handling personnel of the unit or individual employees carry the original, photocopy and relevant certification materials of the Approval Form for Individual Withdrawal of Provident Fund to the Provident Fund Center (hereinafter referred to as the Provident Fund Account Opening Center) for approval. After the approval and entry of the provident fund center, the special seal for approval of provident fund will be stamped on the Approval Form for Individual Withdrawal of Provident Fund filled out by the unit.

3. The handling personnel of the unit or individual employee can handle the transfer business with the Approval Form for Individual Withdrawal of Provident Fund approved by the Provident Fund Center and the Transfer Certificate of Housing Provident Fund Management Center filled in and signed by the unit. The provident fund center will transfer the housing provident fund applied by employees to its basic settlement account, and the unit will take it out and distribute it to employees.

legal ground

"Regulations on the Management of Housing Provident Fund" Article 3 The housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit for employees belong to individual employees.

Article 4 The management of housing provident fund shall follow the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, special account storage and financial supervision.