Lates News

The Guangzhou Housing Provident Fund Management Center issued a notice on optimizing the housing provident fund withdrawal policy. It proposes that the frequency of housing provident fund withdrawals for home purchase and rental be adjusted to once per month. If an employer fails to deposit housing provident fund contributions for its employees as required, and the Housing Provident Fund Management Center urges the employer to make retroactive contributions, employees may apply for withdrawal in accordance with regulations after completing their personal retroactive contributions.