Xiaogan provident fund withdrawal policy

Xiaogan provident fund withdrawal policy:

1. If the owner-occupied house is purchased, built, renovated or overhauled in Xiaogan, the provident fund cannot be withdrawn from the house decoration;

2. Retirement;

3, completely lose the ability to work, and terminate the labor relationship with the unit;

4, laid-off, resignation, termination of labor and personnel relations with the unit for one year;

5. Sudden events cause serious difficulties in family life;

6. Settle in foreign countries, Hong Kong, Macao and Taiwan, or transfer from other places and move out of Xiaogan;

7. The employee dies or is declared dead;

8. The rent exceeds 50% of the family wage income or is included in the minimum living guarantee for urban residents in Xiaogan City and the rent is paid;

9, to repay the principal and interest of housing loans within one year to apply for housing loans or provide housing provident fund pledge loan guarantee for others can not be extracted.

Legal basis:

Article 25 of the Regulations on the Management of Housing Provident Fund

If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued.

Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.