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Why is the balance of provident fund zero?
There are restrictions on the withdrawal of housing provident fund. According to relevant regulations, the following conditions shall be met:
(a) the unit where the employees work and the employees themselves pay the housing provident fund in full every month.
(two) in accordance with the provisions of article twenty-fourth of the regulations on the management of housing provident fund:
1, purchase, build, renovate and overhaul owner-occupied housing; Among them, "purchase" means that employees buy houses and have the ownership of the houses they buy, which can be public housing, commercial housing, affordable housing and second-hand housing. "Construction" refers to houses built by urban residents with the approval of real estate management agencies, urban planning management agencies and other departments; "Renovation" refers to the complete demolition, design and reconstruction of houses; "Overhaul" refers to the need to affect or dismantle some major components of the house, but it is not necessary to completely demolish the house.
2, retired workers, retired
3, completely lose the ability to work, and terminate the labor relationship with the unit.
4. Leave the country to settle down.
5. Repay the principal and interest of the house purchase loan
6, the rent exceeds the prescribed proportion of family wage income.
7. The employee dies or is declared dead.
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