What is the failure of unit provident fund collection and deduction?

The reasons for the failure to collect and deduct the unit provident fund are as follows:

1. The provident fund account is frozen, the account has no third-party deduction function, the card has expired, and the card replacement is not activated.

2. The name or account number of the repayment account in the provident fund center system is inconsistent with that of the opening bank;

3. The fund in the provident fund account is insufficient.

The treatment method for failure of accumulation fund collection and deduction is as follows:

1. You can apply for re-deduction: if the deduction date has not passed, you can transfer enough repayment amount to the debit card, and then call the provident fund lending institution to apply for re-deduction;

2. Repayment: If the balance on the day when the company pays the provident fund deduction is insufficient, it can be paid again by transfer check, bank remittance or cash.

The entrusted deduction process of provident fund is as follows:

1. Bring the company's official seal and corporate seal to the provident fund center to sign the entrusted deduction agreement with the provident fund center;

2. Bring the official seal, legal person seal, financial seal, entrusted deduction agreement and power of attorney to the bank and sign an agreement with the bank;

3. After signing the contract with the bank, the bank will keep one agreement, the other two will be submitted to the provident fund center for the record, and one will be kept by the company.

To sum up, the unit shall go through the formalities of remittance and payment of housing provident fund within 5 working days from the date of monthly payment of wages or the date agreed with the management center. Units in arrears of housing provident fund, or deferred housing provident fund expires, it shall timely repay the housing provident fund.

Legal basis:

Article 20 of the Regulations on the Management of Housing Provident Fund

The unit 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 approval by the workers' congress or trade union of the unit, review 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 payment will be postponed.