Hello,
I have been working with an organization for about 5 months and my last day is 3 days before I complete 6 months. I know I can transfer my entire PF amount if I join a company that provides PF. But, I am in the non profit sector and not all organizations provide PF.
I have been told that I will lose the amount that the employer contributes to PF if I leave before 6 months. Is this true? Also, let's say I don't withdraw my PF money right now and withdraw it after retirement, will I still lose the contribution from the employer.
Just to make it clear- my next few jobs may not have PF, therefore, transferring my PF amount may not be a possibility.
Thanks
From India, Bengaluru
I have been working with an organization for about 5 months and my last day is 3 days before I complete 6 months. I know I can transfer my entire PF amount if I join a company that provides PF. But, I am in the non profit sector and not all organizations provide PF.
I have been told that I will lose the amount that the employer contributes to PF if I leave before 6 months. Is this true? Also, let's say I don't withdraw my PF money right now and withdraw it after retirement, will I still lose the contribution from the employer.
Just to make it clear- my next few jobs may not have PF, therefore, transferring my PF amount may not be a possibility.
Thanks
From India, Bengaluru
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Early PF withdrawal won’t be easy.pdf
Guide Lines for PF Withdrawal.doc