Dear all, I am an ex employee of HCL and now i will withdraw my pf from HCL trust in the pf statement net balance is showing 91928. Here around 76000 thousands contribution from my side and rest contribution from my employer so please guide me how much pf i get same as shown or double?
Thanks
From India, Panipat
Thanks
From India, Panipat
Dear Vikas,
As what I can understand from above details is, the amount shown by you is only shown for PF contribution wherein complete 12% of employee contribution goes directly to the PF and from employer 3.67% goes to PF and remaining 8.33% goes to pension fund. If you check your record correctly you may found the amount in pension fund as well. Pension fund amount cannot be withdrawn if service is more than 10 years. Also, if you have transferred your PF then you will see only PF amount and not the pension contribution.
377As what I can understand from above details is, the amount shown by you is only shown for PF contribution wherein complete 12% of employee contribution goes directly to the PF and from employer 3.67% goes to PF and remaining 8.33% goes to pension fund. If you check your record correctly you may found the amount in pension fund as well. Pension fund amount cannot be withdrawn if service is more than 10 years. Also, if you have transferred your PF then you will see only PF amount and not the pension contribution.
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Steps to transfer PF amount.jpg
Employer-PF-res trict to wages of Rs 6500.pdf