One-time withdrawal of Shanghai Provident Fund

Yes, if you need to take it out, you must take it all, and you will not be able to pay provident fund in Shanghai in the future. To apply, you need the company to give you a resignation certificate, and you need to bring your household registration book and ID card to apply.

The withdrawal of provident fund varies from place to place. If you are in Shanghai, it is generally most accurate to call the provident fund management center in Shanghai and ask, and you will get the most accurate answer. If you are resigning, one requirement is that you can withdraw it after five years of being laid off, and you need to provide your unemployment certificate, ID card, etc. If you are resigning because your household registration has been moved away from the local area, provide the household registration booklet, resignation certificate, and ID card of the other place.

If you have any of the following circumstances, you can withdraw the balance in your housing provident fund account:

(1) When purchasing, constructing, renovating, or overhauling a self-occupied house with ownership hour.

(2) When retiring, retiring or reaching retirement or retirement age.

(3) When the employee completely loses the ability to work and terminates the labor relationship with the employer.

(4) When the household registration is moved out of this city or settled abroad.

(5) When non-Shanghai employees are transferred out of Shanghai.

(6) When employees repay the principal and interest of the home purchase loan, they can withdraw the balance of the housing provident fund to offset it.

In the cases of (2), (3), (4), and (5), employees should withdraw their housing provident funds in full by canceling their accounts, and the amount withdrawn is privately owned by the employees.

In addition, when an employee dies or is declared dead, the employee's heirs or legatees can withdraw the balance in the deceased employee's housing provident fund account, and the employee's housing provident fund account will be closed at the same time.