Do you really understand the provident fund?

Editor’s note: This article is from WeChat public account Really called Lu Jun (ID: zhenjiaolujun0426), the author is really called Lu Jun team.

The provident fund is basically something that everyone will have now. Many people use it when they buy a house. It is usually a fixed asset and let it grow slowly.

But do you know? The use of the provident fund can not only buy a house.

Today, let me introduce you to the various ways of using the provident fund.

Used to buy a house

If the mortgage is bought, the bank/confedence fund has already been released, and the purchase contract, loan contract and purchase invoice are obtained. The second-hand housing is required to be tax-paid and collected during the loan period.

If you buy a house in full, you will get a purchase contract, a loan contract, and a purchase invoice, which will be withdrawn within two years after payment.

In the following three cases, you can advance the provident fund.

1. Loan purchase: The annual provident fund can be withdrawn until the loan is paid off. The amount of each house can not be more than the current year’s repayment amount;

2, one-time payment purchase: one-time purchase of housing needs to provide material withdrawal of the provident fund within one year after purchase, and can only be extracted once;

3. Resignation: If there is no new work unit after leaving the company, you can apply after leaving the company for one month.

CPF can only be used to buy a house? Maybe it can save lives

CPF data:

One-handed room extraction:

1. Original and photocopy of the purchase contract or purchase agreement;

2. Original and photocopy of the purchase invoice;

3. The original and photocopy of the employee’s ID card will be extracted from the provident fund;

4. The provident fund is used to withdraw the employee’s bank savings account; the employee’s spouse’s provident fund is extracted,

In addition to the above information, you must also provide the original and photocopy of the husband and wife relationship certificate, and a copy of the main purchaser’s provident fund withdrawal record sheet.

Second-hand housing extraction:

1. Original and photocopy of the real estate license;

2, the original and photocopy of the deed tax payment certificate;

3. The original and photocopy of the employee’s ID card will be extracted from the provident fund;

4, the provident fund is extracted from the employee’s ownBank savings account; employee spouse’s housing fund withdrawal,

In addition to the above information, you must also provide a copy of the original and photocopy of the husband and wife relationship and the record of the provident fund withdrawal of the main purchaser.

Used for the construction, renovation, and overhaul of rural homesteads

If you build, rebuild, overhaul your own homes on rural collective land and do not use housing loans, you can apply for housing accumulation fund.

CPF can only be used to buy a house? Maybe it can save lives

CPF data:

The following supporting documents and a copy should be provided for the construction and renovation of the housing:

1. Land certificate: collective land use certificate or construction land permit;

2. Certificate of construction renovation, including construction project planning permit or permit permit;

3. The project budget for building and rebuilding houses;

4. Agricultural household registration book.

The following proofs and a copy should be provided for the overhaul of the house:

1. Land certificate: collective land use certificate or construction land permit;

2, proof of overhaul housing identification;

3, overhaul project budget;

4. Agricultural household registration book.

Used to rent a room

If the employee’s rent exceeds the prescribed proportion of the family’s wage income, the storage balance in the employee’s housing provident fund account may be withdrawn to pay the rent.

However, the housing accumulation fund drawn must not exceed 70% of the actual rental expenses.

The housing provident fund management committee determines the amount of rent for rent based on the local market rent level and the rented housing area.

The provident fund can only be used to buy a house? Maybe it can save lives

As for the preparation of the required materials, the specific policies vary from city to city.

Generally needed:

1, original and photocopy of the house lease contract;

2, original and photocopy of the tax payment invoice;

3. The original and photocopy of the employee’s ID card will be extracted from the provident fund;

4. The provident fund is used to withdraw the employee’s bank savings account;

5. Provide tax bureau website inquiryA copy of the authenticity of the ticket.

However, in Shanghai, it is only necessary to withdraw the provident fund – ID card + Shanghai bank card + two application forms. The information that needs to be filled in the application form is the basic information such as the rental address, the rental start time, and the rent of the house. (In 2018, I personally tested it. I don’t know if there is a “sea sang field” in a year)

Unemployment or special hardship can withdraw the provident fund to maintain daily life

Unemployment – When an individual loses his or her ability to work and does not have a labor unit, the money in the provident fund account can be extracted and then used normally.

Extraordinary difficulties – When an individual has been unemployed for more than two consecutive years and the family is extremely difficult, the family’s income is lower than the local minimum income standard. Individuals can use the provident fund for use as a family life guarantee.

Of course, I hope that everyone will never withdraw the provident fund because of this.

Extraction of provident fund for treatment of major diseases

Family members (including myself, spouse and minor children) have major illness or major surgery

Includes – myocardial infarction, uremia, leukemia, cirrhosis, aplastic anemia, Fengxin Ershen II, cerebral vascular malformations, cerebrovascular accidents, necrotic intestinal obstruction, hepatic atrophy, severe combined trauma, Severe electric shock, various cancerous lesions, major organ transplantation, coronary artery bypass grafting, heart valve surgery, aortic surgery, benign brain tumor, severe Alzheimer’s disease, severe Parkinson’s disease, severe III degree burn, severe original Pulmonary hypertension, severe motor neuron disease

You can apply for a provident fund to collect payment fees.

Extraction quota: According to the list of fees provided by the hospital, after deducting the amount within the unit reimbursement or insurance coverage, the amount of housing accumulation fund withdrawal shall not exceed the personal burden of the medical expenses, that is, the total amount of the individual’s payment of the deductible amount and the amount of medical insurance. .

CPF can only be used to buy a house? Maybe it can save lives

CPF data:

1. A written application for the withdrawal of the housing provident fund;

2. The original “Resident Identity Card” of the employee himself;

3. In the event of an incident involving a spouse or a direct blood relative of a worker, a supporting document capable of proving the relationship with the person is required;

4. Application for Housing Provident Fund Extraction issued by the employee’s unit after verification;

5. The original and a copy of the “Diagnostic Certificate” of the hospital and the “Drug Expenditure List” of the individual.

Extracting the provident fund for pension pension

The one with the provident fundIf the person has reached the retirement age set by the state, or has officially retired, then the provident fund can be extracted and used as his own pension.

CPF data:

1. Retirement provides pension certificate (pension approval form or pension card or pension passbook);

2, ID card has been reached to reach the statutory retirement age.

There is a lot of use for the provident fund. In addition to buying a house, it may save you a life. So it is necessary to save and use the provident fund.