One year is enough to adjust the provident fund, and the enterprise provident fund base is adjusted once a year. New employees will start to contribute to the housing provident fund from the second month they start working. The monthly deposit amount is the employee's salary multiplied by the employee's housing provident fund contribution ratio. If employee wages increase within one year, the provident fund payment base cannot be changed. The housing provident fund year refers to July 1 of the current year to June 30 of the following year, so it can only be adjusted in July.
The latest adjustment policy of provident fund in 2022
1. Adjust the standard for determining the number of housing units: loans are not recognized for housing.
The identification of house types is related to the down payment ratio, mortgage interest rate and other housing expenditure costs. Recently, the two places have successively adjusted their policies to identify housing units receiving provident fund loans.
Since October 17, 2018, Zigong, Sichuan Province has implemented the standard of accepting loans but not recognizing houses: there are no housing provident fund loan records, no outstanding housing commercial loans, and the first home loan policy is implemented; there are records of settled housing provident fund loans Or if the commercial housing loan has not been settled, the second home loan policy will apply.
2. The down payment ratio for the second home is reduced.
While increasing the provident fund loan limit and relaxing the criteria for identifying second homes, some cities have also adjusted the down payment ratio for second homes to varying degrees.
Starting from October 21, 2022, Beihai, Guangxi has taken the lead in lowering the down payment ratio for second homes. It stipulates that for deposit-paying households to purchase a second home or apply for a second housing provident fund loan, the minimum down payment ratio will be reduced from 60 to 40. At the same time, starting from February 1, Fuzhou applied for a pure housing provident fund loan for the second time, and the down payment ratio was adjusted from 50 to 40.