As a migrant worker, the neighborhood must be familiar with the "provident fund". Some neighbors usually do not use their provident fund accounts at will, and they have accumulated a lot of money.
So, if a family member is seriously ill and needs money for surgery, and he doesn't have enough money, can he withdraw the provident fund?
Can I withdraw my CPF if I need money urgently?
Ms. Yi is a native of Zhanjiang, Guangdong, and stayed in Guangzhou to work after graduation. But my savings are not enough, and I just remember that there is a balance in the provident fund account, and the amount is not small, can I withdraw the provident fund to my family for medical treatment?
According to the provisions of the "Administrative Measures for the Withdrawal of Housing Provident Fund in Guangzhou", Ms. Yi can only think of another way.
Under what circumstances can I extract it?
Generally speaking, the provident fund is mainly used to protect housing issues, and it can only be withdrawn if certain conditions are met, specifically in the following 11 situations:
1. Buying a house and withdrawing it. Purchase a self-occupied house with ownership in Guangzhou, where the person and his spouse are registered, or purchase a self-occupied house with ownership in a city adjacent to Guangzhou (the same below).
2. Build-and-repair extraction. Self-occupied housing in Guangzhou City, where the person and his spouse are registered, or where there is no self-owned housing within the administrative area of the city.
3. Add an elevator to pick up. Invested in the addition of elevators to existing residential buildings with ownership in Guangzhou.
4. Rental withdrawal. I, my spouse and minor children do not have a house with their own property rights in Guangzhou and rent a house for their own use.
5. Withdrawal for laid-off unemployment. , as of the month of application, they have been laid off or unemployed for 12 consecutive months.
6. Account Blocking and Withdrawal. Employees who are not registered in Guangzhou have terminated or terminated their labor relations with the employer, and have not continued to make contributions in other places, and their accounts have been sealed for half a year.
7. Inheritance Extraction. If the depositor dies or is declared dead, his heirs and legatees may apply for withdrawal of the balance stored in the depositor's housing provident fund account.
8. Retired or retired.
9. Completely lose the ability to work and terminate the labor relationship with the employer.
10. Leaving the country for settlement.
11. Other circumstances stipulated by the state, Guangdong Province and Guangzhou City.
Reminder: If you have opened a provident fund account and paid it, you can only withdraw it! If you meet the requirements of paragraphs 1 to 4, you and your spouse can apply.
CPF withdrawal issues
1. Is the withdrawal frequency of mortgage and non-mortgage purchases the same?
A: Not really. In addition to monthly repayment, the loan can be withdrawn once a year after the loan is settled, and other mortgages can be withdrawn once every six months. It can be withdrawn once every six months.
2. Will the monthly repayment affect the total amount withdrawn?
A: No. The principal and interest of the purchase price actually paid in the total amount withdrawn are the same as the total amount withdrawn for other purchases.
3. Can I apply for withdrawal at the same time if I have more than one house that is eligible for withdrawal?
A: No, you cannot. Within the same time period, it can only be withdrawn by application. If you want to apply for withdrawal with another eligible house, you should first cancel the original withdrawal application.
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