Dear Seniors,
Kindly suggest what I should do in this case. One of our employees left the service in our corporate office, and the next day, she joined our branch office as a new joiner. (The corporate office and branch office names are different, and even the directors are different.) We have settled her account, and her Provident Fund is also cleared. She has availed a Scheme certificate from the PF office, and now she wants to opt for the continuation of her FPF service. Can she opt for it? Within how many days does she have to submit documents to the PF office? There is no break in service; will this be an issue?
Thanks in advance.
From India, Bangalore
21Kindly suggest what I should do in this case. One of our employees left the service in our corporate office, and the next day, she joined our branch office as a new joiner. (The corporate office and branch office names are different, and even the directors are different.) We have settled her account, and her Provident Fund is also cleared. She has availed a Scheme certificate from the PF office, and now she wants to opt for the continuation of her FPF service. Can she opt for it? Within how many days does she have to submit documents to the PF office? There is no break in service; will this be an issue?
Thanks in advance.
From India, Bangalore
if she withdrwal her PF account from previous establishment then she cannt continue her pf account . ashish delhi 7838606486
From India, New Delhi
From India, New Delhi
Dear Mubashira,
As she has already received the scheme certificate, there is no need to worry about the continuity of EPS service. She may be registered in PF as a new employee. When applying for a pension (after completion of service), she may surrender the scheme certificate so that EPFO will combine both services and calculate the pension based on the total service.
Abbas. P.S
From India, Bangalore
As she has already received the scheme certificate, there is no need to worry about the continuity of EPS service. She may be registered in PF as a new employee. When applying for a pension (after completion of service), she may surrender the scheme certificate so that EPFO will combine both services and calculate the pension based on the total service.
Abbas. P.S
From India, Bangalore
If she has withdrawn her PF, how she can get the PF scheme certificate? The scheme certificate is issued to only such employees who has completed 10 years of service. Please clarify.
From India, Mumbai
From India, Mumbai
Dear Manish,
She is registered as a new employee in our Branch office, and she has received her new PF number. She has already withdrawn her PF amount and obtained her scheme certificate as well.
Dear Abbas Bhai,
Assalamwalaikum,
Within how many days does she have to submit the Scheme Certificate in the PF office? Is there any time limit for that?
There is no 2-month break in service. Will this be an issue during submission?
From India, Bangalore
She is registered as a new employee in our Branch office, and she has received her new PF number. She has already withdrawn her PF amount and obtained her scheme certificate as well.
Dear Abbas Bhai,
Assalamwalaikum,
Within how many days does she have to submit the Scheme Certificate in the PF office? Is there any time limit for that?
There is no 2-month break in service. Will this be an issue during submission?
From India, Bangalore
You have confused yourself by mixing issues, and some of the members have further confused you by giving incomplete and incorrect advice.
As stated by you, she has joined an altogether different organization. So do not say that she has joined your branch office. Maybe she has joined one of your group organizations. I suppose both these organizations are separately registered with PF.
Please make a note of the fact that within the PF Scheme, there are two different components, namely 'Provident Fund' and 'Employee Pension Scheme'. Let's see what happens to these two components of the PF Scheme when an employee changes jobs.
In the case of PF, when an employee resigns from the services of the company, he has an option of either withdrawing his PF accumulations or transferring it into his new PF account with a new employer. (You have not mentioned anything in your post about her PF status. Has she opted for withdrawal or transfer of her PF account? Please note that transfer means continuation.)
In the case of the Employee Pension Scheme (EPS), again, the employee has the option of withdrawing or continuing membership by opting for a scheme certificate. Please note that EPS offers a monthly pension on retirement based on the length of membership. If the employee opts for withdrawal, he gets back only a percentage of what is contributed to his EPS account, and that membership period cannot be considered while calculating Pensionable Membership and Pension Amount on retirement.
As stated by you, your ex-employee has opted for a scheme certificate, which simply means she has opted for the continuation of her EPS membership. She has to simply hold and preserve her scheme certificate to ensure the benefit of a pension from that.
If her PF account is still not settled, she can still opt for a transfer by stalling the withdrawal process and opting for a transfer.
Dear Seniors,
Kindly suggest what I should do in this case.
One of our employees left service in our corporate office, and the next day she joined our branch office as a new joiner there. (The corporate office and branch office names are different, and even the Directors are different). We have settled her account, and her Provident Fund is also cleared. She has availed a Scheme certificate from the PF office, and now she wants to opt for the continuation of her FPF service. Can she opt for it? Within how many days does she have to submit documents to the PF office? There is no break in service; will this be an issue?
Thanks in Advance
From India, Pune
As stated by you, she has joined an altogether different organization. So do not say that she has joined your branch office. Maybe she has joined one of your group organizations. I suppose both these organizations are separately registered with PF.
Please make a note of the fact that within the PF Scheme, there are two different components, namely 'Provident Fund' and 'Employee Pension Scheme'. Let's see what happens to these two components of the PF Scheme when an employee changes jobs.
In the case of PF, when an employee resigns from the services of the company, he has an option of either withdrawing his PF accumulations or transferring it into his new PF account with a new employer. (You have not mentioned anything in your post about her PF status. Has she opted for withdrawal or transfer of her PF account? Please note that transfer means continuation.)
In the case of the Employee Pension Scheme (EPS), again, the employee has the option of withdrawing or continuing membership by opting for a scheme certificate. Please note that EPS offers a monthly pension on retirement based on the length of membership. If the employee opts for withdrawal, he gets back only a percentage of what is contributed to his EPS account, and that membership period cannot be considered while calculating Pensionable Membership and Pension Amount on retirement.
As stated by you, your ex-employee has opted for a scheme certificate, which simply means she has opted for the continuation of her EPS membership. She has to simply hold and preserve her scheme certificate to ensure the benefit of a pension from that.
If her PF account is still not settled, she can still opt for a transfer by stalling the withdrawal process and opting for a transfer.
Dear Seniors,
Kindly suggest what I should do in this case.
One of our employees left service in our corporate office, and the next day she joined our branch office as a new joiner there. (The corporate office and branch office names are different, and even the Directors are different). We have settled her account, and her Provident Fund is also cleared. She has availed a Scheme certificate from the PF office, and now she wants to opt for the continuation of her FPF service. Can she opt for it? Within how many days does she have to submit documents to the PF office? There is no break in service; will this be an issue?
Thanks in Advance
From India, Pune
She will not get her old PF number but she will continue her membership clubing with the previous service, service certificate meant for this. Paraman. P
From India, Selam
From India, Selam
Dear Madam,
One of your employees has left the job, which means she has resigned from the first service. Clearly, this indicates that the same PF Number cannot continue for the new job. Meanwhile, she will submit the Scheme Certificate to the EPFO through the new employer. This implies that she will transfer the PF amount to the new PF account provided by the new employer.
Regards,
Suresh
From India
One of your employees has left the job, which means she has resigned from the first service. Clearly, this indicates that the same PF Number cannot continue for the new job. Meanwhile, she will submit the Scheme Certificate to the EPFO through the new employer. This implies that she will transfer the PF amount to the new PF account provided by the new employer.
Regards,
Suresh
From India
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.