I had worked with a IT Software Co. for less than 6 months. My period of working was 21 Aug 2014 to 22 Jan 2015 (5 months 1 day exactly).
There I was availing PF facility, 12% or something has been deducted from my salary earned for the same period.
My PF withdrawal claim has been submitted in PF office.
As i had worked less than 6 months, I know that I cannot get Pension scheme benefit, but now my question is - whatever i will get as PF credit amount, is that i will get only my deducted share? and what about the employer's share in this case?
I want to know whether i will get PF Claim as (1+1share i.e; employer + employee's deducted amount per month+interest on the same contribution) or i will get only my deducted share in this case. (as i served the company for less than 6 months)
Your reply will be of great help and use for me.
Please advise me, accordingly i want to followup with the Employer.
Thanks
Yours Truly
Madhura Vaje
madhura.v@robosol.com
From India, Mumbai
There I was availing PF facility, 12% or something has been deducted from my salary earned for the same period.
My PF withdrawal claim has been submitted in PF office.
As i had worked less than 6 months, I know that I cannot get Pension scheme benefit, but now my question is - whatever i will get as PF credit amount, is that i will get only my deducted share? and what about the employer's share in this case?
I want to know whether i will get PF Claim as (1+1share i.e; employer + employee's deducted amount per month+interest on the same contribution) or i will get only my deducted share in this case. (as i served the company for less than 6 months)
Your reply will be of great help and use for me.
Please advise me, accordingly i want to followup with the Employer.
Thanks
Yours Truly
Madhura Vaje
madhura.v@robosol.com
From India, Mumbai
Dear Madhura Vaje,
You will get your 12% with interest. Out of 12% of employer contribution, 8.33% would be paid to pension fund. Balance amount with interest also eligible to you.
Even though withdrawal benefit is not possible from pension fund, you may transfer the service to club with future service.
Abbas.P.S
From India, Bangalore
517You will get your 12% with interest. Out of 12% of employer contribution, 8.33% would be paid to pension fund. Balance amount with interest also eligible to you.
Even though withdrawal benefit is not possible from pension fund, you may transfer the service to club with future service.
Abbas.P.S
From India, Bangalore
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