It has become more and more common to recruit businesses that are treated as "five-and-a-half." "A gold" is what we used to call "a public fund." And the Provident Fund plays an important role in our lives. In addition to being used to apply for loans from the Housing Provident Fund, the Provident Fund can also be used for renting, house maintenance or for dealing with sudden-onset situations such as the treatment of major diseases. So how do we get our own equity fund? Let me now give you a detailed description of the latest Provident Fund drawing requirements and processes for 2023。

How do we get the pension out? 2024, latest collection process

In 2024, the withdrawal of the Provident Fund was divided into three main methods, namely, agreed withdrawals, partial withdrawals and withdrawals by sellers。

An agreed withdrawal: you plan to carry out activities such as house purchases, renovations and so forth, you can apply to the Provident Fund Management Centre for withdrawal of the Provident Fund, provided you are a contributor to the Provident Fund。

Partial drawing: You can apply to the Provident Fund Management Centre for partial drawing of the Provident Fund only if the relevant requirements for partial drawing are met。

Seller withdrawal: When you decide to stop paying the Provident Fund and apply to the Fund Management Centre, the Fund Management Centre will put the remaining Provident Fund into your bank account。

Once we have learned the basic conditions for the withdrawal of the Provident Fund, we will look at the specific process together。

First, you need to prepare the relevant documentation, such as an identity card, an account book, a certificate of contributions to the Provident Fund, etc., and to specify the purpose of your withdrawal. Then you can submit your withdrawal request directly to the local Provident Fund Management Centre。

Next, the staff of the Provident Fund Management Centre will confirm your application within three working days and provide a feedback. If the review is approved, the original of your submission will be returned to you。

In the end, you will be able to complete the process by going back to the designated bank with the relevant supporting information。