I worked for 28 years in a multinational company and resigned at the age of 55 . Joined in a new private company in 2017 and resigned this month after working for 19 months. I did not transfer the PF or withdraw and still in old account only as inactive.
Currently i am getting superannuation qtly interest payment from the previous company and now i am 57 years old. My questions are
1. If I withdraw PF now will it be taxable ?
2. Both the companies deducted pension fund ( both the company deducted 1250 per month and the current balance in pension funds are 70,842 and 15,500)
When and How much pension I will get and what do i need to do to get monthly pension ?
regards
Currently i am getting superannuation qtly interest payment from the previous company and now i am 57 years old. My questions are
1. If I withdraw PF now will it be taxable ?
2. Both the companies deducted pension fund ( both the company deducted 1250 per month and the current balance in pension funds are 70,842 and 15,500)
When and How much pension I will get and what do i need to do to get monthly pension ?
regards
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.