The new provident fund policy in Hangzhou, China will allow new citizens and young people who have no self -owned housing in Hangzhou from next year to pay the rent through full withdrawal of housing provident funds paid monthly.
The official website of the Hangzhou Municipal Government issued a notice of the management measures of flexible employees' deposits and use of housing provident fund (trial) and the Municipal Housing Provident Fund Management Committee on the adjustment of housing provident fund leasing withdrawal policies.
According to the New Deal, Hangzhou will raise the standard for withdrawal of housing provident funds without housing leasing.In the same, S $ 283) was adjusted to 2,000 yuan; Tonglu County, Chun'an County, and Jiande City will ranging from the original 600 to 1050 yuan to the uniform monthly month.
In addition, new citizens and young people who have no own housing in Hangzhou and rent housing through the market can withdraw money to pay the rent all monthly housing provident fund.
In order to expand the housing provident fund system, personnel who are employed in Hangzhou flexible ways can also apply for the depository fund.The deposit base and payment ratio are declared by the individual. The lower limit of the base is not lower than the minimum wage standard in Hangzhou, and the upper limit is not higher than the average monthly salary of employees in Hangzhou in the previous year.
