Dear Friends,
If a resigned employee has not claimed PF contributions for 07 years, can he claim the contributions now. If yes, for howmany years he will get interest on that unclaimed contributions.
Regards
Phanindra
From India, Hyderabad
If a resigned employee has not claimed PF contributions for 07 years, can he claim the contributions now. If yes, for howmany years he will get interest on that unclaimed contributions.
Regards
Phanindra
From India, Hyderabad
In my opinion, he shall get the interest upto 3 years after the year in which the last contribution was made in his account.
In case the rules of the Trust under which your PF account is maintained provide otherwise, you will have to follow the rule as per trust deed.
Thanks & Regards,
Avika
From India, New Delhi
In case the rules of the Trust under which your PF account is maintained provide otherwise, you will have to follow the rule as per trust deed.
Thanks & Regards,
Avika
From India, New Delhi
Hi
You can claim the rest of interest upto 36 months from the last contribution paid into your EPF Account.
No other months will be taken into account for settlement.
Regards,
Balamurugan
Assistant Manager - HR
From India, Salem
You can claim the rest of interest upto 36 months from the last contribution paid into your EPF Account.
No other months will be taken into account for settlement.
Regards,
Balamurugan
Assistant Manager - HR
From India, Salem
Effective from 1/04/2011, interest on inoperative accounts shall not be credited to the account from the first day of the 37th month of the account becoming inoperative. Suppose, for example, contribution has been made to an account only upto 1/1/2010, then interest will be credited only upto 31/12/2012. No interest will be credited from 1/1/2013 onwards.
The following formalities are to be completed for claiming the amount:
• The claim form is to be attested by the authorized signatory of the establishment where the employee worked;
• If the employer is unable to identify the member, the claim has to be attested by the bank authorities. In addition, for identity proof and proof of residence one of the following documents should also be attached:
o PAN card
o Voters id card
o Passport
o Ration card
o ESI identity card
o Copy of electricity/ water/landline telephone bill in the name of the claimant with the present address
o Driving licence
o Any other ID card issued by the government authority
A multi-level verification/counter-checking will be carried out by the EPF authorities. Then the claim will be settled. This procedure is laid down by EPFO vide their letter dated 11th March 2011.
From India, Madras
The following formalities are to be completed for claiming the amount:
• The claim form is to be attested by the authorized signatory of the establishment where the employee worked;
• If the employer is unable to identify the member, the claim has to be attested by the bank authorities. In addition, for identity proof and proof of residence one of the following documents should also be attached:
o PAN card
o Voters id card
o Passport
o Ration card
o ESI identity card
o Copy of electricity/ water/landline telephone bill in the name of the claimant with the present address
o Driving licence
o Any other ID card issued by the government authority
A multi-level verification/counter-checking will be carried out by the EPF authorities. Then the claim will be settled. This procedure is laid down by EPFO vide their letter dated 11th March 2011.
From India, Madras
Yes, it can be claimed but interest will be given upto 1-4-11 and as well explained by Mr. BPUGAZHENDHI.
EPFO had advertised this matter very well during the relevant period.
AK Chandok
RPFC (Retd.)
www.akchandok.com
From India, Chandigarh
EPFO had advertised this matter very well during the relevant period.
AK Chandok
RPFC (Retd.)
www.akchandok.com
From India, Chandigarh
Can any one tell me from which month the minimum pension rs.1000.00 per month will come into force? m.Ravigi
From India, Calcutta
From India, Calcutta
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.