What Is the Central Provident Fund?

The long-term housing deposits paid by in-service employees of central state organs and in-service employees of state-owned units such as Beijing units are classified as state-managed provident funds, which are different from municipal-managed provident funds. State-managed provident funds are managed by the central state agency s housing fund management center. Including the Central Provident Fund (Housing Provident Fund deposited by the sub-centers of the agencies directly under the CPC Central Committee).

State management provident fund

How to tell whether your unit is state-managed or municipal-managed? To put it simply, where the "Personal Registration Number" in the "Application Form for Personal Housing Guarantee Entrusted Loan Application" starts with 502 and 509 numbers, it is the state management unit; the number beginning with the ID card number is Most are regarded as municipal management units.

AppraisalIssuance of the appraisal reportPayment of down paymentPreliminary appraisalApproval of loanTransfer (See Deed Tax Ticket)

As of January 1, 2013, if the State Administration of Provident Fund Center has not approved the loan, and the customer is single or has not remarried after divorce, it is necessary to additionally provide a certificate of the client's single issued by the Civil Affairs Bureau or not remarried after divorce. Proof. If the certificate is not submitted, it will be regarded as a missing part and the loan approval procedure cannot be processed temporarily.

The state management provident fund announced that it will suspend the acceptance of policy interest discount applications for personal housing loans since February 14, 2016, in order to better support the use of deposited employees.

Policy adjustments in December 2015

Departments and units of the central state organs for housing provident fund management:

In order to implement the national macroeconomic policy, the Ministry of Housing and Urban-Rural Development and other three departments "Notice on Effectively Increasing the Efficiency of the Use of Housing Provident Funds" (Jianjin [2015] No. 150) require that the personal provident fund of housing provident funds (hereinafter referred to as loans) be guaranteed. 2. The policy role of protecting the needs of the government, supporting the deposit of employees' self-occupation and improvement of housing needs, the relevant matters are notified as follows.

1. Increase loan support. Employees who purchase the first set of self-occupied housing and apply for a loan will no longer consider whether the housing provident fund has been drawn in the past year. When calculating the loan amount, the balance of the personal housing provident fund account of less than 70,000 yuan is calculated as 70,000 yuan. After the employee's first loan is settled, he can apply for a loan again; if he applies for a loan for the third time or later, the previous loan must be settled for 5 years. Employees of central government units who have registered their housing provident funds in other places in Beijing and have purchased their first homes in Beijing can apply for loans. Where employees buy policy-oriented housing and second homes, the original regulations will still apply.

2. Measures to optimize loan services. If the monthly deposit amount of the housing provident fund for the applicant for the loan and his / her spouse reaches the upper limit, no work certification will be provided. Employees can make a preliminary estimate of the loan amount through the loan calculator in the portal of the Central State Organs Housing Fund Management Center. Employees can pay attention to the official WeChat public account of the Central State Organs Housing Fund Management Center and make advance appointments for loan processing time.

Third, improve the use of credit records. Loan applicants and their spouses who have unpaid overdue loans or who have credit cards or quasi-credit cards that are overdue and overdue will not be accepted for loan applications. In the 2 years before the loan applicant and his / her spouse apply for other loans (excluding student loans) that have been overdue for 3 to 5 consecutive periods, the maximum loan amount will be reduced by 20 from the maximum loan amount announced by the Beijing Provident Fund Management Committee %. If the loan applicant and his / her spouse have other loans (excluding student loans) overdue for 6 consecutive periods or more within 2 years before the loan application, the loan will not be granted.

This notice will be implemented from the date of issue. If there is any inconsistency between the previous documents, this notice shall prevail. Please forward the affiliated units in Beijing in time. If you encounter any problems, please report them in time.

Policy adjustments in May 2016

The Central State Organs' Housing Fund Management Center issued the "Notice on Further Improving the Management Service of Personal Provident Fund Loans on May 6", which states that from May 9, 2016, the time limit for the approval of state-managed provident fund loans was shortened to 10 days . In terms of application materials, the simplified application materials mainly include the identity certification materials and house purchase certification materials of the loan applicant. In addition, the State Administration Center has also opened a WeChat public account to check the progress of personal loan processing. Through WeChat, you can make appointments to apply for loan and loan contract signing time, reducing on-site waiting time ^[2] .

Policy adjustments in September 2016

In order to further implement the "Notice of the General Office of the State Council on Simplifying and Optimizing the Public Service Process and Facilitating the Work of the Grass-roots People to Do Business and Entrepreneurship" (Guobanfa [2015] No. 86) and the "Administrative Work Plan of the State Administration of Administration Simplifying and Optimizing the Process of Public Service to Facilitate the Work of Grassroots People" The central state organ's housing fund management center (hereinafter referred to as the fund center) actively practices, promotes system innovation and process reengineering, and improves the extraction of housing provident funds to facilitate the work of units and employees.

The relevant matters are notified as follows:

I. Implementation of extraction commitment system to simplify the extraction of materials

(1) The withdrawal commitment system is based on the convenience of credit service.

The withdrawal commitment system is based on the "employee integrity commitment + information sharing comparison" as a basis to simplify the materials and facilitate the employees' withdrawal of housing provident fund benefits. Employees who apply for the withdrawal of housing provident fund, who can obtain information through relevant departments, the employee agrees and cooperates with the capital center for inquiries and verification, no relevant certification materials are provided. Employees proactively declare the house purchase contract number, network sign password, and other relevant information, and promise to extract the applicable matters, materials and content complete, accurate and truthful, and speed up the review process.

The "Housing Provident Fund Withdrawal Commitment Letter" combines various functions such as commitment authorization, information declaration, SMS opening, and credit channel, which reflects the relative rights and obligations. Employees can fill in relevant information in advance and sign the Housing Provident Fund Withdrawal Commitment Letter under the witness of the unit or the handling bank. If the employee fails to report the information truthfully, the fund center will lower the overall credit evaluation of the employee and the unit to which he belongs and punish him for dishonesty.

(2) The classification of shared information realizes the extraction of "big slimming".

Based on the commitment system, according to the degree of information sharing, the classification material is extracted to achieve "big slimming". After slimming down, eligible employees purchase and withdraw from Beijing's existing commercial housing (second-hand housing) withdrawal, retirement withdrawal, non-first-time withdrawal, capital reserve housing fund loan and cooperative bank commercial loan housing withdrawal. After passing the identity verification, they achieved zero materials "Apply.

2. Promote process optimization and improve service methods

(1) Merger link, simplifying unit opening procedures.

Units that implement the "three certificates, one photo, and one code" register with the capital center for housing fund deposit registration, fill in the "Application Form for Housing Fund Account Registration", apply for a unified social credit code, and no longer submit materials such as business licenses for corporate legal persons .

After the unit has set up a housing provident fund account at a bank branch office, it no longer submits the Digital Certificate Unit User Information Registration Form to the fund center. The fund center sends the key to the unit's housing provident fund online business hall by mail.

(2) Parallel examination and sending unit deposit certificate.

After the fund center accepts the application for the deposit housing unit's housing provident fund deposit certificate from the depositing unit, parallel verification is performed for different internal positions, and the certificate is mailed to the unit.

3. Promote centralized processing and improve service efficiency

(1) Encourage units to take advantage of their organizational advantages and the role of housing provident fund management agencies and specialized managers to centrally handle the housing provident fund business to further facilitate the work of employees.

(2) For creditable units that have standardized deposits, withdrawals, and internal management, the Capital Center has explored the establishment of a green channel for housing provident fund business, and gradually improved trustworthy incentives.

This notice will be implemented from September 1, 2016.