Many, after paying the Provident Fund, may have doubts about the six-month shelf life of the Fund, for example, when it will be calculated. We will answer this question from several different perspectives。

What month does the Provident Fund count

First of all, we need to make it clear that the six-month retention period of the Provident Fund is calculated from the date on which you submitted your application for withdrawal of the Fund. For example, assuming that you submitted a withdrawal request on 1 June 2019, the closure period would expire on 1 December of the same year. And if you re-initiate a withdrawal request during the containment period, the new storage period will run again on the date of your operation。

Second, if, at the time of submitting a new withdrawal request, you find that the last withdrawal request has been sealed for less than six months, the new seizure period is calculated from the date of the last withdrawal request. For example, if the date of the last withdrawal was 1 April 2019, and the date of this request was 1 July of the same year, the storage period would be calculated from 1 April 2019 to 30 September of the same year。

Finally, if you still have a balance in the Provident Fund account, the storage period will start with the date of the last deposit in the account, which is also the most common method of counting. For example, if the date of the last deposit is 1 February 2019, then the period of the deposit is calculated as 1 February to 31 July of the same year。

WITH REGARD TO THE RECEIPT OF THE WITHDRAWAL OF THE PROVIDENT FUND, AS A GENERAL RULE, WITHIN THREE WORKING DAYS AFTER YOU HAVE COMPLETED THE WITHDRAWAL PROCESS, THE FUND WILL ENTER YOUR PERSONAL PROVIDENT FUND ACCOUNT AND THEN SPEND THREE WORKING DAYS TO TRANSFER THE MONEY INTO YOUR PERSONAL SETTLEMENT ACCOUNT, THAT IS, ON THE FOURTH DAY AFTER THE WITHDRAWAL PROCESS, YOU WILL BE ABLE TO CHECK AND DRAW ON THE ATM. HERE, HOWEVER, IT IS RECALLED THAT THE TIME FOR REVIEW MAY VARY FROM REGION TO REGION, SO THAT THE EXACT TIME WILL HAVE TO BE DETERMINED ON A CASE-BY-CASE BASIS。