CCTV News: On February 20, the State Council held a press conference to reduce or exempt corporate social insurance premiums, medical insurance premiums and deferred payment of housing provident fund in response to the joint prevention and control mechanism of the new coronavirus pneumonia epidemic. Ni Hong, Vice Minister of the Ministry of Housing and Urban-Rural Development, introduced at the meeting that in order to implement the Party Central Committee’s deployment of coordinating epidemic prevention and control and economic and social development, in accordance with the requirements of the executive meeting of the State Council, the Ministry of Housing and Urban-Rural Development worked with the Ministry of Finance and the People’s Bank of China. Proposed three phased support policies for housing provident fund.
First, companies can apply for deferred payment of housing provident fund before June 30, 2020. During the deferred payment period, the deposit time shall be calculated continuously, which does not affect the normal withdrawal and application of housing provident fund loans for each employee.
The second is for employees, especially front-line medical staff, epidemic prevention and control personnel, who come to quarantine due to the epidemic situation or are temporarily affected by the epidemic. Similarly, before June 30, 2020, if the housing provident fund loan cannot be repaid normally, it will not be made. Overdue processing. At the same time, considering the paid-in employees who are under pressure to pay the rent, the withdrawal amount of rent can be increased reasonably and the withdrawal time can be arranged flexibly.
Third, for enterprises in areas with more severe and severe epidemics, they can decide to voluntarily deposit provident funds before June 30, 2020, under the premise of full consultation with employees. If you continue to make a deposit, you can independently negotiate the proportion of the deposit; if you stop paying, the time for the deposit during the suspension period will be calculated continuously, and it will not affect the normal withdrawal of the housing provident fund and the application for housing provident fund loans.
