What types of procedure have to maintain for PF settlement upon inter office transfer
From Bangladesh, Chittagong
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From Bangladesh, Chittagong
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Hello Sir,
If your employers are using the same PF Employer Code for both branches, you do not need to submit any form for PF transfer. The contributions will go to the same account. However, if your employers are using different PF Employer codes for both branches, you have to submit Form-13 for PF transfer. Alternatively, you have to submit Form 19 and 10-C for settlement.
From India, Coimbatore
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4If your employers are using the same PF Employer Code for both branches, you do not need to submit any form for PF transfer. The contributions will go to the same account. However, if your employers are using different PF Employer codes for both branches, you have to submit Form-13 for PF transfer. Alternatively, you have to submit Form 19 and 10-C for settlement.
From India, Coimbatore
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OK Sir, Fine. So u have to Submit Form 19 and 10-C only for PF Settlement. because your employer is not contributing PF on that another branch know.
From India, Coimbatore
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From India, Coimbatore
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I have not followed your query. Why do you need to settle the PF account only for inter-office transfers? It is not advisable and not proper as well. Your inter-office is also covered under the PF scheme, so where is the question of either transfer or settlement? If both of your offices are covered under one employer code, then you need not do anything. In case the employer code is different for your two offices, then you can transfer the PF account from your unit to the other unit where the employee is transferred by applying in Form No. 13.
I have mentioned multiple times not to opt for any PF settlement unless there is urgency; otherwise, continue as long as the employee remains in service until they reach the age of 58 years to benefit from the pension. Otherwise, these benefits may be deprived.
Adoni Suguresh
Sr. Executive (Operations, Admin & Industrial Relations) Retired
Labour Laws Consultant
From India, Bidar
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I have mentioned multiple times not to opt for any PF settlement unless there is urgency; otherwise, continue as long as the employee remains in service until they reach the age of 58 years to benefit from the pension. Otherwise, these benefits may be deprived.
Adoni Suguresh
Sr. Executive (Operations, Admin & Industrial Relations) Retired
Labour Laws Consultant
From India, Bidar
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PF Transfer Request Letter - FOR RPF Office.doc
PF Online Transfer.pdf