Tianjin: Adjust the amount of housing provident fund contributions
In order to do a good job in the adjustment of the contribution amount of the housing provident fund in 2024, on June 29, the Tianjin Housing Provident Fund Management Center issued the "Notice on Adjusting the Contribution of the Housing Provident Fund in 2024".
The adjusted contribution base will replace the previous 2022 figure with the average gross monthly salary of employees in 2023.
Deposit limit limit: the minimum standard is not less than 2,320 yuan, and the maximum is not more than 27,525 yuan.
The contribution ratio is set: state institutions, institutions and their employees shall pay at a rate of 11% or 12%; Other enterprises can decide on their own within the range of 5%-12%, and enterprises with operating difficulties can apply for a minimum of 1% or a deferred payment.
The policy will be implemented from July 1, 2024 to June 30, 2025.
Xiamen Housing Provident Fund Contribution Base and Proportion Adjustment
The Housing Provident Fund Center of Xiamen City, Fujian Province issued a relevant notice that from July 1, the city will adjust the housing provident fund contribution base and the upper and lower limits of the monthly contribution amount. In 2024, the upper limit of the monthly contribution of the housing provident fund will be adjusted to 7,384 yuan, and the lower limit will remain unchanged at 204 yuan. The adjustment will continue until June 30 next year.
The Municipal Housing Provident Fund Center reminds that the adjustment of the contribution base and contribution ratio of the housing provident fund in 2024 should be completed before the remittance in July. Within one month after completing the adjustment work in accordance with the requirements of this notice, the unit shall inform the employees of the adjusted contribution base, contribution ratio and monthly contribution amount, and accept the supervision of the employees.
The upper limit of the deposit base is 30,770 yuan, and shall not be less than 2,030 yuan
It is reported that the newly adjusted contribution base is the average monthly salary of the employee himself in 2023, with the upper limit of 30,770 yuan and the lower limit of 2,030 yuan. The standard of total wages shall be implemented in accordance with the provisions on the composition of total wages issued by the National Bureau of Statistics. Gross wages are calculated based on gross salary income for the period from January 1, 2023 to December 31, 2023.
If an employee is newly employed after January 1, 2024 (inclusive), the contribution base shall be the monthly salary income of the employee in the second month of employment. If it is a newly transferred employee after January 1, 2024 (inclusive), its contribution base shall be the monthly salary income of the month in which the employee is transferred, and other provisions shall prevail.
The contribution ratio is 5% to 12%, and the employees of the same unit should be the same
In terms of the contribution ratio of the housing provident fund (hereinafter referred to as the "contribution ratio"), the contribution ratio of employees of the same unit shall be consistent, and the contribution ratio of the unit and the contribution ratio of employees shall be consistent.
Depositors can independently determine the contribution ratio in the range of 5% to 12%. If a unit applies for a reduction in the contribution ratio, it must be discussed and approved by the employee (representative) congress or trade union of the unit.
The upper limit of monthly deposit is 7,384 yuan, an increase of 86 yuan over last year
The upper limit of the monthly contribution amount of the housing provident fund has also been adjusted simultaneously. After the adjustment, the upper limit of the monthly deposit is 7,384 yuan, an increase of 86 yuan from 7,298 yuan last year. The lower limit is still 204 yuan.
The monthly contribution amount includes the part of the unit and the part of the employee's deposit, which shall be respectively implemented in yuan, and the following yuan shall be rounded. The calculation formula is: monthly contribution amount = contribution base × unit contribution ratio + contribution base × employee contribution ratio.
Reminder: How to handle it
(1) Online processing: Units that have opened the online deposit business of housing provident fund can log on to the comprehensive service platform of the website (gjj.xm.gov.cn) of the Municipal Housing Provident Fund Center.
(2) Bank handling: The unit manager shall hold the "Xiamen Housing Provident Fund Remittance (Supplement) Payment List" (all remittance personnel of the unit should be included) and the "Application Form for Adjusting the Contribution Ratio of Housing Provident Fund" to the bank business outlets of the housing provident fund opening of the unit. If the unit applies for a reduction in the contribution ratio, it shall also provide the resolution of the employee (representative) congress or the trade union of the unit on reducing the contribution ratio.
Xining Housing Provident Fund Contribution Base Adjustment
According to the Xining Housing Provident Fund Management Center, according to the "Regulations on the Management of Housing Provident Fund" and "Guiding Opinions on Several Specific Issues in the Management of Housing Provident Fund" and other relevant regulations and policy requirements, the adjustment of the contribution base of the housing provident fund in 2024 will start on July 1.
According to reports, the monthly contribution base of the housing provident fund in 2024 is the monthly average of the total salary of the employee in 2023, and the total salary is approved according to the provisions of the National Bureau of Statistics on the composition of total wages.
The upper and lower limits of the housing provident fund contribution base shall be determined according to the average monthly wage of employees in urban non-private units in Xining in 2023. In 2024, the upper limit of the housing provident fund contribution base is 30,308 yuan, and the lower limit shall not be lower than the current minimum wage standard of 1,880 yuan in Xining. The upper limit of the monthly contribution for flexible employees is 7,272 yuan, and the lower limit is 188 yuan. The proportion of housing provident fund contributions of employees and units shall not be less than 5% of the average monthly salary of employees in the previous year, and shall not be higher than 12% of the average monthly salary of the previous year.
"The adjustment period for the base of depository units is from July 1, 2024 to August 31, 2024. Units that choose to adjust the base in August need to make supplementary contributions to the provident fund in July according to the new base. The adjustment period for the monthly contribution of flexible employees is from July 1, 2024 to July 31, 2024. The staff of the Xining Housing Provident Fund Management Center introduced.
Units that have opened online service halls can adjust the base number through online service halls. Units that have not opened the online service hall can bring their unit's "Remittance List" and "Monthly Deposit Base Adjustment Template" to the collection business acceptance point for processing. Flexible employment personnel can apply through online channels such as the mobile APP of Xining Housing Provident Fund Management Center, WeChat official account applet, and various service windows of the center.
The interest rate of Shenzhen's existing personal housing provident fund loans has been lowered
The Shenzhen Housing Provident Fund Management Center clarified that for the personal housing provident fund loans that have been issued before May 18, the adjusted interest rate will be implemented from July 1. The adjusted interest rate will be implemented for personal housing provident fund loans applied before May 18 and not disbursed, as well as for personal housing provident fund loans applied after May 18 (inclusive).
How much benefit can the depositing employees get from the reduction of the interest rate of the housing provident fund personal housing loan this time? Taking the first housing provident fund personal housing loan with an amount of 1 million yuan and a term of 30 years as an example, if you choose the equal principal and interest repayment method, the monthly payment will be reduced from 4270.16 yuan to 4135.57 yuan, a decrease of about 135 yuan, and the total interest expense will be reduced by 48,500 yuan.
Sources: Comprehensive Tianjin Housing Provident Fund Management Center, Xiamen Housing Provident Fund Management Center, Xining Housing Provident Fund Management Center, Shenzhen Housing Provident Fund Management Center, Xiamen Daily, Xining Evening News, etc