Understand how the statutory provident fund is managed, used and withdrawn.

Statutory provident fund refers to a social security fund paid by both enterprises and individuals according to regulations, which can be used to pay pensions, medical expenses, unemployment benefits, etc. This article will introduce how to manage, use and withdraw the statutory provident fund.

First, pay the statutory provident fund

Statutory provident fund is a social security fund paid by both enterprises and individuals according to regulations. The amount of provident fund that enterprises should pay each month is 9% of the total amount paid by both enterprises and individuals, of which the proportion paid by enterprises is 6% and that paid by individuals is 3%.

Enterprises should remit the amount of provident fund paid to the local provident fund management center every month according to regulations, and pay the provident fund account to individuals, so that individuals can pay the provident fund on time.

Second, the use of statutory provident fund

Statutory provident fund can be used to pay pensions, medical expenses and unemployment benefits. The specific mode of use can be determined according to the regulations of the local provident fund management center.

Generally speaking, individuals can apply for the statutory provident fund online. When applying, they need to provide relevant supporting documents, such as identity cards and household registration books, as well as specific application conditions, such as pension application forms.

Third, withdraw the statutory provident fund.

The withdrawal of statutory provident fund is generally divided into two situations: one is voluntary withdrawal by individuals, and the other is statutory withdrawal.

1. Individual voluntary withdrawal: individuals can apply for withdrawal of statutory provident fund through online application according to their actual conditions. When applying, they need to provide relevant supporting documents, such as ID card and household registration book, as well as specific information about withdrawal, such as withdrawal amount and purpose.

2. Withdrawal according to law: When individuals need to withdraw the statutory provident fund for special reasons, such as unemployment, illness, disability, etc. , they can apply to the local provident fund management center for withdrawal. When applying, they need to provide relevant supporting documents, such as unemployment certificate, disease certificate, disability certificate, etc. , as well as the specific information of withdrawal, such as withdrawal amount, withdrawal purpose, etc.

Four, the management of statutory provident fund

The management of statutory provident fund is generally the responsibility of the local provident fund management center, and the specific management measures can be determined according to the provisions of the local provident fund management center.

Generally speaking, the provident fund management center will regularly check the statutory provident fund to ensure the rational use of the provident fund, and find possible violations in time so as to deal with them in time.

In addition, the provident fund management center will regularly issue relevant policies on statutory provident fund, so that individuals and enterprises can understand relevant policies in time and make corresponding adjustments in time.

Five. Advantages of statutory provident fund

Statutory provident fund has many advantages. First, statutory provident fund can provide social security for individuals. When individuals encounter special circumstances, they can get certain financial support by withdrawing statutory provident fund. Secondly, the statutory provident fund can help individuals and enterprises to better manage their finances, because the statutory provident fund is paid monthly, which can help individuals and enterprises to better control their financial expenditures; Statutory provident fund can help individuals and enterprises make better use of funds, because statutory provident fund can be used to pay pensions, medical expenses, unemployment benefits and so on. And can help individuals and enterprises make better use of funds.

Abstract of intransitive verbs

Statutory provident fund is a social security fund paid by both enterprises and individuals according to regulations, which can be used to pay pensions, medical expenses, unemployment benefits, etc. There are certain regulations on the payment, use, withdrawal and management of statutory provident fund. Individuals and enterprises should abide by these regulations in order to make better use of the statutory provident fund and provide better social security for themselves and their families.