Whenever somebody transfer his PF amount his pension amount not transfer. I want to ask the senior where does this amount go? I know the length of service is increase but pension amount should be transfer.
From India, Bhopal
From India, Bhopal
That accumulate amount of EPS does not affect your pension amount .... pension amount is calculate by no of service ×pensionable salary ÷ 70.... So that amount not goes anywhere .... 100% safe ....
From India, undefined
From India, undefined
Dear Ravi,
When member links UAN with new establishment, the new establishment pays the contribution to same UAN hence not necessary to transfer the EPS. Only linkage of UAN is necessary.
If there is exempted establishment for EPS , in that case the member has to give form 13 to transfer of EPS amount to new establishment, as per formula provided in the Scheme.
Same case transfer from exempted establishment for EPS to RPFC .
Thanks,
Vidyadhar Bhat
From India, Pune
When member links UAN with new establishment, the new establishment pays the contribution to same UAN hence not necessary to transfer the EPS. Only linkage of UAN is necessary.
If there is exempted establishment for EPS , in that case the member has to give form 13 to transfer of EPS amount to new establishment, as per formula provided in the Scheme.
Same case transfer from exempted establishment for EPS to RPFC .
Thanks,
Vidyadhar Bhat
From India, Pune
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.