When shall employee expect the Social Insuance and Housing fund arrive my personal accounts?
Rather than direct transfer from company account to individuals, The social insurance(SI) and housing fund (HF) will be uniformly collected by tax authorities and Provident fund management center from the company debit account, and remit to the SI/HF account of the individuals by the local authorities as well.
As we understand the from the past cases, the individual will see the remittance as batches by the authorities later 1st following month of onboarding in most provinces.
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