The proportion of unit provident fund deposit is reduced. Expert： It has little impact on employees in first-and second-tier cities.

　　Beijing, May 13 (Reporter Cui Jiaming) According to the economic voice "Tianxia Finance", the regulation of the national property market has entered an intensive period, and changes in policies such as mortgage and housing provident fund can always affect the nerves of buyers and renters. The Ministry of Housing and Urban-Rural Development and other three departments recently issued a notice to extend the policy of reducing the deposit ratio of enterprise housing provident fund to April 30, 2020.

　　The deposit ratio of unit provident fund shall not exceed 12%, and the amount of employee provident fund shall be reduced.

　　The "Notice" clarifies that the lower limit of the housing provident fund deposit ratio is 5%, and the upper limit is determined by each region in accordance with the procedures stipulated in the Regulations on the Administration of Housing Provident Fund, and the maximum shall not exceed 12%. The deposit unit can independently determine the proportion of housing provident fund deposit within the upper limit range of 5% to local regulations. It is understood that this move can reduce the burden on enterprises by about 30 billion yuan.

　　What impact does the policy have on ordinary employees? Ding Jiangang, a real estate research expert and dean of Zhejiang Media Real Estate Research Institute, analyzed that enterprises have reduced their burdens, and the amount of personal provident fund of employees has also decreased accordingly. This has an impact on the purchase of houses with provident fund, the withdrawal of provident fund for down payment and the amount of future provident fund loans.

　　In April this year, the Ministry of Housing and Urban-Rural Development announced that it would postpone the policy of reducing the proportion of enterprise provident fund deposits and other related policies and measures. Therefore, the "Notice" jointly issued by the three departments also means the actual implementation of the policy. According to expert analysis, unlike social security and pension insurance, housing provident fund is the disposable income of employees, and this part of income does not need to pay a tax. For many employees, the downward adjustment of the proportion of paid provident fund will directly affect this part of income. Although the wages of employees have increased, they still have to pay taxes, so the increase in cash income of employees is not obvious.

　　Expert: It has little impact on employees in first-and second-tier cities.

　　In addition, the impact of policies on employees in different regions is different. Ding Jiangang analyzed that for third-and fourth-tier cities with relatively low housing prices, the total proportion of provident fund and provident fund loans extracted in the whole housing price is relatively high, which will have a greater impact on these cities. However, for first-tier cities and second-tier cities, because the housing prices are relatively high, the proportion of the extractable provident fund to the total housing prices is not very high, so the impact is not great.

　　In addition, Yan Yuejin, research director of the think tank center of Yiju Research Institute, believes that the starting point of this policy is to consider the burden reduction of enterprises, and the policy itself adopts a phased approach.