Many companies pay provident fund for their employees. In addition to knowing that the provident fund can be used for loan to buy a house, others don't understand it at all. However, personal provident fund loan to buy a house is not so simple, and certain conditions need to be met. What does the provident fund deposit ratio mean? Can the provident fund be paid more?
1、 What does the provident fund deposit ratio mean
1. Provident fund deposit ratio generally refers to the deposit ratio of housing provident fund, which is the coefficient of your payable provident fund. For example, if your average monthly salary is 100 yuan and the coefficient of payable provident fund is 3%, then the amount of your payable provident fund is 3 yuan. It is related to my monthly average base and payable coefficient. With the increase or decrease of average salary and coefficient, the amount of provident fund payable will change accordingly.
2. The monthly deposit amount of individual provident fund is the employee's average monthly salary of the previous year multiplied by the employee's provident fund deposit proportion; The monthly deposit amount of the provident fund paid by the unit for the employee is the average monthly salary of the employee in the previous year multiplied by the deposit proportion of the unit provident fund.
3. The deposit ratio of units and individuals can be 5% ~ 20%, and the individual deposit ratio should be equal to or higher than the unit deposit ratio. For new employees who work after January 1, 2010, the total salary of the second month of their work shall be taken as the deposit base. After January 1, 2010, the newly transferred employees shall pay the housing provident fund from the month of transfer in, and the total salary of the month of transfer in shall be taken as the payment base.
2、 Can provident fund be paid more
Generally speaking, the deposit of provident fund is based on the salary proportion of the company's employees. China's regulation is that it shall not be less than 5%, and this year it has stipulated that the high proportion is 12%, that is, the range is between 5% and 12%. If the employee's salary is lower than the local average employee's salary in the previous quarter, then pay the provident fund according to 6% of the average salary. If it exceeds 300% of the social average salary, it will be higher than 300%.
If you want to pay more provident fund, you can only adjust it according to the employee's salary and local salary through your company. The deposit proportion is the percentage of the amount required to be paid in accordance with local regulations in the average salary of employees of the whole company. That is, after obtaining the average salary of the previous quarter, directly multiply this value to obtain the amount that individuals and units have to pay in this quarter.