Hi Everyone, My friend left his job and withdrew all the pf money in Apr- 2020, Corona time(through the self-close option ), and joined the same company in 2021-Feb. Instead of opening a new PF account, the company paid contributions to the closed account up to Dec 2021.
Now, the company HR team is not helping with the transfer/withdrawal of the amount paid to that closed pf account. How can we transfer or withdraw this amount? What documents are required to submit?
From India, Bengaluru
Now, the company HR team is not helping with the transfer/withdrawal of the amount paid to that closed pf account. How can we transfer or withdraw this amount? What documents are required to submit?
From India, Bengaluru
What is self close option?
If the company is contributing to the old account, it should be presumed that the old account is still live. You can transfer the funds to any new PF account opened subsequently. Visit the member portal and use the online transfer (one member one PF option) and submit it to the previous employer or if he is not cooperating submit it for approval by the present employer.
From India, Kannur
4239If the company is contributing to the old account, it should be presumed that the old account is still live. You can transfer the funds to any new PF account opened subsequently. Visit the member portal and use the online transfer (one member one PF option) and submit it to the previous employer or if he is not cooperating submit it for approval by the present employer.
From India, Kannur
Self-close option means "updating the Last working date through the Employee login portal instead of submitting a resignation letter to the employer".
From India, Bengaluru
From India, Bengaluru
That means the company had not approved the exit made by the employee and that enabled the company to continue with the same UAN and PF member id. If the employee has left the company gain, let him do the 'self closing' again through member portal. After that write to EPF authorities that the employer is not approving the exit.
From India, Kannur
From India, Kannur
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.
PF Contribution on Leave Encashment - Clarification by EPFO.pdf