What is the Housing Commonwealth?

There is no set time limit for payment.

It's not deducted from the salary.

Public ** refers to the long-term housing savings deposited by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their in-service employees.

The nature is as follows: 1. Protection. The establishment of a housing provident fund system for employees provides a guarantee for employees to solve the housing problem quickly and better;

2. Mutual assistance. The establishment of the housing provident fund system can effectively establish and form a mechanism and channel for employees with housing to help employees without housing, and the housing provident fund provides help for employees without housing in terms of funds, reflecting the mutual assistance of the housing provident fund for employees;

3. Long-term. Every in-service employee in an urban area who is suspected of being hidden must pay personal housing provident fund during the period from the date of joining the work to the date of retirement or termination of labor relations; The unit where the employee is absent shall also pay the housing provident fund for the employee subsidy in accordance with the regulations.

Legal basisArticle 13 of the Regulations of the People's Republic of China on the Administration of Housing Provident Fund.

The housing provident fund management center shall set up a special housing provident fund account in the entrusted bank. The unit shall go through the registration of the housing provident fund deposit with the housing provident fund management center, and go through the formalities for the establishment of the housing provident fund account for the employees of the unit. Each employee can only have one housing provident fund account.

The housing provident fund management center shall establish a detailed account of the housing provident fund for employees, recording the deposit and withdrawal of the personal housing provident fund of employees.

Article 14 The newly established unit shall, within 30 days from the date of establishment, go through the registration of housing provident fund deposit with the housing provident fund management center, and within 20 days from the date of registration, go through the formalities for the establishment of the housing provident fund account for the employees of the unit. In the event of merger, division, revocation, dissolution or bankruptcy of a unit, the original unit or liquidation organization shall go through the change or cancellation of registration with the Housing Provident Fund Management Center within 30 days from the date of occurrence of the above-mentioned circumstances, and within 20 days from the date of completion of the change or cancellation of registration, the transfer or sealing procedures of the housing provident fund account shall be handled for the employees of the unit.

According to the Regulations on the Administration of Housing Provident Fund, housing provident fund refers to the long-term savings fund paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. Article 2 of the Regulations on the Administration of Housing Provident Fund These Regulations apply to the deposit, withdrawal, use, management and supervision of housing provident funds within the territory of the People's Republic of China. The term "housing provident fund" as used in these Regulations refers to the long-term housing savings fund paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, public institutions, private non-enterprise units, social organizations (hereinafter collectively referred to as units) and their employees.

There is no Li Ji has a public **, only the provident fund or **, the provident fund generally refers to the housing provident fund, specifically refers to a kind of housing savings fund jointly paid by the author of the urban industrial training and the enterprise where he works.

The English name of the housing provident fund is housing provident fund, and the departments that are open to pay the housing provident fund include state organs, social organizations, foreign-funded enterprises, etc., no matter what the enterprise, only the employees in the urban area can pay the housing provident fund, and if the employees are in a state of retirement, they cannot pay the provident fund. The payment of the housing provident fund has a certain long-term and stable distribution, unless the employee is unemployed or suspended from receiving wages due to certain circumstances, the employee can not interrupt the payment of the housing provident fund. In addition, the housing provident fund also has a special and cumulative nature, in which the accumulation means that the housing provident fund is different from the salary, and the employees must pay the housing provident fund on a monthly basis, and the housing provident fund is managed by the bank and the provident fund management center to set up a special account.

Housing provident fund is a long-term housing fund paid by units and their employees, and is the main form of monetization, socialization and legalization of housing distribution. The housing provident fund system is an important housing social security system stipulated by the national law, which is mandatory, mutual assistance and guarantee. Units and individual employees must fulfill the obligation to pay into the housing provident fund in accordance with the law.

The housing provident fund paid by the individual employee and the housing provident fund paid by the unit for him shall be stored in a special account and shall be owned by the individual employee.

This definition of housing provident fund has the following five implications:

1) Housing provident fund is only established in urban areas, and rural areas do not establish a housing provident fund system.

2) Only in-service employees should establish a housing provident fund system. The housing provident fund system is not implemented for urban residents who do not have a job, and the housing provident fund system is not implemented for retired workers.

3) The housing provident fund is composed of two parts, one part is paid by the employee's unit, and the other part is paid by the employee's individual employee, and the employee's individual contribution part is withheld by the unit and deposited into the personal account of the housing provident fund together with the part paid by the unit.

4) The long-term nature of the housing provident fund contribution. Once the housing provident fund system is established, employees must pay uninterrupted contributions in accordance with the regulations during their employment, and shall not be suspended or interrupted except for the retirement of employees or other circumstances stipulated in the "Regulations on the Administration of Housing Provident Fund". It reflects the stability, unity, standardization and compulsion of the housing provident fund.

5) Housing provident fund is a personal housing fund for housing consumption expenditures that is stored by employees according to regulations, and has two characteristics: one is accumulation, that is, although the housing provident fund is a part of the wages of employees, it is not issued in cash, and must be deposited in the special account opened by the housing provident fund management center in the entrusted bank, and the special account management is implemented. The second is exclusivity.

The housing provident fund is earmarked for special use, and the storage period can only be used for purchasing, building, and overhauling self-occupied housing, or paying rent. Employees can withdraw the housing provident fund in their accounts only when they retire, die, completely lose their ability to work, terminate the labor relationship with the employer, or move out of the original city of residence.

Housing ** is generally bought by the company, and the company pays half of the money by itself. The money in it can be taken out when you buy a house (if it is a foreign household registration, you can withdraw the money after quitting work, as long as the company issues a resignation certificate) and the housing ** can be loaned to buy a house, with a maximum loan amount of 30w