Beijing Housing Provident Fund Monthly payment limit to 2906 yuan

(reporter 翟烜) yesterday, Beijing Housing Provident Fund Center issued a notice, 2010 Housing Provident Fund Annual monthly limit from last year's 2682 yuan adjusted to 2906 yuan. It is understood that every year July 1 in Beijing in accordance with the last year of the city staff monthly average wage, the implementation of the new Provident Fund monthly limit.　　As of July 1 this year, the Municipal Bureau of Statistics did not release the 2009 City workers monthly average wage data, so the ceiling of the monthly Housing Provident Fund has not been adjusted.　　In accordance with the provisions of the amount of Provident Fund monthly deposit is in accordance with the last year of Beijing workers monthly salary of 300%, respectively multiplied by units and staff Housing Provident Fund deposit ratio to determine, that is, 2009 Beijing staff Monthly Salary (yuan) x300%x12%x2= monthly payment limit. Accordingly, 2010 Housing Provident Fund Annual monthly limit is raised to 2906 yuan, but in principle does not allow housing Provident Fund to exceed the amount of deposit. Housing Provident Fund Center related officials explained that, because the Provident Fund is not taxed, so set a ceiling.　　Otherwise, the higher the income earners, the more they can evade the tax by paying more provident funds. It is noteworthy that last year, the amount of Personal Provident Fund reached the upper limit of 2682 yuan, but also need to deal with the payment and deposit base change procedures as soon as possible. However, in accordance with the adjustment of the upper limit, monthly income of more than 24,000 of individuals, monthly payment to meet this standard, so the number of people involved is relatively small.