Hi Seniors, I have a query about EPF amounts withdraw, if an employee has worked only three months then can he withdraw his EPF amount from PF office? Regards, Raj
From India, Gurgaon
From India, Gurgaon
Hi raj,
An employee who worked for only 3 months is eligible to withdraw only EPF amount (i.e: 12% + 3.67%) at his credit and cant draw Pension Fund(i.e: 8.33%)
Hope it is clear to u.
Shahida.R
HR Executive
From India, Mumbai
An employee who worked for only 3 months is eligible to withdraw only EPF amount (i.e: 12% + 3.67%) at his credit and cant draw Pension Fund(i.e: 8.33%)
Hope it is clear to u.
Shahida.R
HR Executive
From India, Mumbai
Dear raj,
If Any employee worked with any organisation who covered with EPF act, then those employee elgible only for withdrawl only for provedent Fund (12% of Employee's+ 3.67% from Employer's Share) and 8.33% of penssion fund not withdrawl from PF account.
Regards,
Vijay KUmar Thukral
From India, Delhi
If Any employee worked with any organisation who covered with EPF act, then those employee elgible only for withdrawl only for provedent Fund (12% of Employee's+ 3.67% from Employer's Share) and 8.33% of penssion fund not withdrawl from PF account.
Regards,
Vijay KUmar Thukral
From India, Delhi
dear all,
it's clear to me that a person who have worked for 3 mnths, he can withdraw the PF i.e. 12%+3.67%. But what about the 8.33%. wheather he can withdraw it by submitting form 10c or not. plz clear.
Regards
jitul
From India
it's clear to me that a person who have worked for 3 mnths, he can withdraw the PF i.e. 12%+3.67%. But what about the 8.33%. wheather he can withdraw it by submitting form 10c or not. plz clear.
Regards
jitul
From India
it's clear to me that any person who have worked only for 3 month than he can withdraw the PF i.e 12%+3.67% but he cant withdraw 8.33%( pension fund) he will get pension fund when he worked 6 month in one organization
From India, New Delhi
From India, New Delhi
Dear All As I know if an employee contribute more than six month in EPF, He will get full (12%, 3.67% & 8.33%)amount of pf. Regards Subrat 9178604115
From India, Bhubaneswar
From India, Bhubaneswar
The Provident Fund members can avail advances / partial withdrawals for Housing, Marriage, Illness, Closure of establishment etc., through application in Form 31 which provides details and documents to be submitted.
On retirement or on leaving service, the Provident Fund accumulations can be withdrawn in full by submitting application in Form 19.
In case of premature death, the Provident Fund is payable to Nominee(s)/ family members by submission of Form 20 by each beneficiary.
Regarding Pension Fund the position is as follows:
• Where an employee has not served for 10 years on the date of leaving service and has not attained the age of 58 years, he may obtain a Scheme Certificate so as to continue his membership during un-employment period and the same can be used to count the previous service as and when he joins another establishment covered under the Act.
From India, Madras
On retirement or on leaving service, the Provident Fund accumulations can be withdrawn in full by submitting application in Form 19.
In case of premature death, the Provident Fund is payable to Nominee(s)/ family members by submission of Form 20 by each beneficiary.
Regarding Pension Fund the position is as follows:
• Where an employee has not served for 10 years on the date of leaving service and has not attained the age of 58 years, he may obtain a Scheme Certificate so as to continue his membership during un-employment period and the same can be used to count the previous service as and when he joins another establishment covered under the Act.
From India, Madras
Employees work for less than 6 months can get back only 12% and 3.67% of their contribution. s.koteeswaran
From India, Madras
From India, Madras
Hello, less than 6 month pension contribution can’t be widrawal but you can fill up 10 c form & select to accept pension certificate during that period it will help you in future reg, sarjearo
From India, Pune
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.