Will you send a text message when the Shanghai provident fund is detained?

Whether the deduction of Shanghai provident fund will send a text message depends on the specific situation. If the bank card is enabled with SMS service, there will be SMS reminder; if it is not enabled, there will be no SMS reminder.

The purposes of the Provident Fund are as follows:

1, buying a house or renting a house;

2. Withdraw the provident fund to pay the monthly payment;

3. Construction, renovation and overhaul of owner-occupied houses with ownership;

4. Used for retirement and pension;

5. Withdraw all expense balances.

The benefits of housing provident fund are as follows:

1, exempt from personal income tax, and the housing accumulation fund paid by units and individuals according to the proportion stipulated by the state is exempt from personal income tax;

2. Enjoy low-interest provident fund loans;

3 as other supplementary funds for individuals or families.

"Regulations on the Administration of Housing Provident Fund" Article 19 The housing provident fund paid by individual employees shall be withheld and remitted from their wages by their units.

The unit shall remit the housing provident fund paid by the unit and remitted for the employees to the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank shall include it in the employee housing provident fund account.

Twentieth units shall pay the housing provident fund in full and on time, and shall not pay it overdue or underpaid.

Units with real difficulties in depositing housing provident fund can reduce the proportion of deposit or defer payment after discussion and adoption by the workers' congress or trade union of the unit, and after examination by the housing provident fund management center and approval by the housing provident fund management committee; After the economic benefits of the unit improve, the deposit ratio will be increased or the overdue payment will be postponed.

Twenty-fourth employees in any of the following circumstances, you can withdraw the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.