Hi,
Our company implements provident fund (PF) after the probation period (3 months). My question is, if we are hiring a candidate who already has PF with their current company, how do we transfer it to our company? At the time of PF application, when we have to give the joining date, should we mention the actual date of joining or the date of completion of the probation period? Does this 3-month gap cause any issues for the employee?
From United Arab Emirates, Dubai
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Our company implements provident fund (PF) after the probation period (3 months). My question is, if we are hiring a candidate who already has PF with their current company, how do we transfer it to our company? At the time of PF application, when we have to give the joining date, should we mention the actual date of joining or the date of completion of the probation period? Does this 3-month gap cause any issues for the employee?
From United Arab Emirates, Dubai
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In India, from the first day of joining, an employee is eligible for EPF subject to a ceiling on wages and being an existing member of EPF from a previous company. However, we are uncertain about the rules in Dubai. Kindly confirm the location/country.
From India, New Delhi
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58From India, New Delhi
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I am not able to edit the location in CiteHR! I am in India...
From United Arab Emirates, Dubai
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From United Arab Emirates, Dubai
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In India, from the first day of joining, an employee is eligible to be an EPF member subject to the ceiling of wages (Basic DA, etc., as per EPF definition of wages). They are also eligible for EPF if they were already a member of EPF in a previous company.
Please let me know if you need further assistance.
From India, New Delhi
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Please let me know if you need further assistance.
From India, New Delhi
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Since the incumbent is already employed with his/her previous employer and has an EPF account, an UAN should have been allotted. As the current employer, you should obtain the filled Form 11 and continue contributions to the same UAN without any breaks. The status of 'Probation' is irrelevant for continuing EPF contributions. Therefore, you should make arrangements to remit the contributions, both employee's and employer's, from the date of joining in your firm, including any arrears and interest for the period from the date of joining until now. It is presumed that the employee has not crossed a salary of Rs. 15,000 as of now.
From India, Bangalore
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From India, Bangalore
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls