Illegal, according to the "housing provident fund regulations", compulsory payment of provident fund. It is illegal for the company not to pay the housing accumulation fund, and there are corresponding punishment measures. Workers can also complain to the housing provident fund management center. If a unit hires or transfers employees, it shall, within 30 days from the date of hiring or transferring employees, set up an account for employees at the local provident fund management department and pay the provident fund in full monthly. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees. The definition of housing accumulation fund includes the following five aspects: (1) Housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas. (2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system. (3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit. (4) The long-term nature of housing provident fund deposit.
Legal basis:
Article 38 of the Regulations on the Management of Housing Provident Fund violates the provisions of these regulations. If the unit fails to pay or underpays the housing provident fund within the time limit, the housing provident fund management center shall order it to pay within a time limit; If the deposit is not made within the time limit, it may apply to the people's court for compulsory execution.
Derivative problem:
What is the process of withdrawing housing provident fund?
1, and the employee's unit issues the extraction certificate; 2. The applicant carries personal ID card, extraction certificate and other supporting materials to the housing provident fund management center for extraction business; 3. The Housing Provident Fund Management Center will make a decision on whether to approve the withdrawal within three days. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.