How long does it take to withdraw provident funds during the Chinese New Year?

The withdrawal of provident fund will be reviewed and credited in about three working days. Before withdrawing the provident fund, a verification certificate should be issued to the unit. Then the party concerned can bring the certificate to the Housing Provident Fund Management Center to apply. After the Housing Provident Fund Management Center has reviewed and approved the application, it will be credited within three working days.

1. How long does it take for provident fund withdrawal to arrive? "The time required for provident fund withdrawal is about three working days. When employees withdraw provident fund, the unit where they work should verify it and issue a withdrawal certificate. Employees should hold With the withdrawal certificate, apply to the Housing Provident Fund Management Center for withdrawal of Housing Provident Fund, and the Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not within 3 days from the date of acceptance of the application." 2. Process for withdrawing Housing Provident Fund 1. Go to the Housing Provident Fund Center for business. Go to the lobby to get the "Housing Provident Fund Withdrawal Approval Form" (one copy) and related withdrawal guidelines or log in to the "Hefei City Provident Fund Withdrawal Approval Form" (one copy) and learn about the provident fund withdrawal related policies under the service guide; 2. Verify and fill in the form with the unit The housing provident fund withdrawal approval form (need to be stamped with the official seal of the unit) and related withdrawal materials must be submitted to the business hall of our center for review; 3. Those who meet the withdrawal conditions will be transferred to their own provident fund card after review at the business hall on the first floor of the provident fund center. If transferred to the unit The provident fund bank will issue a transfer check to the settlement account the next day.

3. The definition of housing provident fund includes the following five aspects: Housing provident fund refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions , long-term housing savings deposited by private non-enterprise units, social groups and their employees. (1) Housing provident fund is only established in cities and towns, and no housing provident fund system is established in rural areas. (2) The housing provident fund system is established only for current employees. The housing provident fund system is not applicable to unemployed urban residents and retired employees. (3) The housing provident fund consists of two parts, one part is paid by the employer where the employee works, and the other part is paid by the individual employee. After the employee's personal contribution is withheld by the unit, it is deposited into the housing provident fund's personal account together with the unit's contribution. (4) The long-term nature of housing provident fund deposits. Once the housing provident fund system is established, employees must make uninterrupted contributions in accordance with the regulations while on the job. Except for the employee's retirement or other circumstances stipulated in the "Housing Provident Fund Management Regulations", it shall not be suspended or interrupted. It reflects the stability, uniformity, standardization and mandatory nature of the housing provident fund. (5) The housing provident fund is a personal housing savings deposited by employees in accordance with regulations and used specifically for housing consumption expenditures. It has two characteristics: First, it is cumulative, that is, the housing provident fund is not a component of employee wages and is not paid in cash. And it must be deposited into a special account opened by the Housing Provident Fund Management Center in an entrusted bank for special account management. The second is specificity. The housing provident fund is earmarked for special purposes. During the storage period, it can only be used to purchase, build, or overhaul self-occupied housing or pay rent according to regulations. Employees can withdraw the housing provident fund from their accounts only when they resign, retire, die, completely lose their ability to work, terminate the labor relationship with the employer, or move out of their original city of residence. According to our country's regulations, all enterprises should deposit housing provident funds for their employees, regardless of state-owned enterprises and private enterprises. The part of the housing provident fund paid by enterprises and institutions does not belong to the total salary attribute, but is an expenditure of the nature of corporate costs and expenses. In accordance with the provisions of the "Notice of the State Administration of Taxation on the Deduction of Enterprise Wages, Salaries and Employee Welfare Fees" (Guo Shui Han [2009] No. 3), Articles 40 and 41 of the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China" , The "total wages and salaries" mentioned in Article 42 refers to the total wages and salaries actually paid by the enterprise in accordance with the provisions of Article 1 of Guo Shui Han [2009] No. 3, excluding employee welfare fees, employee education funds, Union funds, social insurance premiums such as pension insurance premiums, medical insurance premiums, unemployment insurance premiums, work-related injury insurance premiums, and maternity insurance premiums, and housing provident funds. To sum up, withdrawing the provident fund does not arrive immediately. Before withdrawing the provident fund, you should apply for the official seal from the company where you work, and go to the local housing provident fund management center with the proof of verification of the official seal by the unit to submit the application, which will then be reviewed by the staff. After passing the review, it can be transferred to the current personal account in about three working days.