Legal Research On The Supervision And Management Of Housing Provident Fund

Provident fund a company reserves, is the company in order to enhance their own property, inorder to expand the production and prevention of accidental loss when emergency use, therebylawfully from company profit is extracted as a payment, the payment is not as dividend distribution.Housing provident fund is formed by state organs, state-owned enterprises and institutions and otherunits of employment and on-the-job worker common long-term housing savings deposit.The housing provident fund system was created by state law required by social securitymeasures, the units and their employees shall pay the housing provident fund deposit. The buildinghousing the Vice Foreign Minister Qi Ji had indicated in October27,2011, build a department iscombined with various departments, research revised provident fund regulations work, thus makeunlock personal from the provident fund used to pay housing rent regulations. The existing andforthcoming provisions to further standardize and active housing provident fund market providesimportant basis.With the development of market economy, China's welfare is perfect with each passing day,housing provident fund as part of their benefit is increasingly attracting attention. But at presentChina's housing accumulation fund is not mature, the risk prevention system is not very sound,housing provident fund to implement still exists many problems, especially in the housing providentfund payment and regulatory aspects, is always the people are most concerned about the problem.Therefore, in order to ensure that the housing accumulation fund operation safety, we must establisheffective risk control and supervision of housing provident fund system, to ensure that China'shousing accumulation fund of real people, for the people.