Dear All, I am working with one MNC organisation since last three months, Just now I resign; and till last date my duration with this company would be 4 months and 5 days. My question is – Can I get My PF amount (fully). Because I heard that, if someone leave company about 3 months then he/ she can get only PF contribution amount not Pension contribution amount. Is it true? Your valuable suggestions will be appreciable.
Regards,
Amol
From India, Mumbai
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2Regards,
Amol
From India, Mumbai
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ya you will be getting the pf contribution only,pension amount will be given if you contribute to 6 months only.
From India, Hyderabad
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From India, Hyderabad
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Thank you, Sir. I have one more question regarding the same topic - the PF contribution is 3.67% on basic, but what would be the employer's contribution for the PF amount (i.e., are there any administrative charges included or not)?
I think:
- 3.67% from the employee's side
- 3.67% from the employer's side
- 1.10% administrative charges on the PF contribution.
Is this the correct calculation for PF only?
Regards,
Amol
From India, Mumbai
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I think:
- 3.67% from the employee's side
- 3.67% from the employer's side
- 1.10% administrative charges on the PF contribution.
Is this the correct calculation for PF only?
Regards,
Amol
From India, Mumbai
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For pension minimum 10years' service required. If the service less than 10years, one time withdrawal benefit can be claimed subject to a minimum service of 6 months. If the service is even less, the pensionable service can be transfered to club with future service. Sheme Certificate can also be applied.
Abbas.P.S
From India, Bangalore
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Abbas.P.S
From India, Bangalore
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Mr. Khanna is right you can withdraw your EPF accumulation only not eps rather to withdraw get your accumaulation transferred. sumit
From India, Ghaziabad
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From India, Ghaziabad
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Ok. It means I can transfer my PF to a new account. Sir, but the thing is here my PF number is from Maharashtra and my new PF number would be from Gurgaon. So, will there be any problem transferring this PF amount to the new account.
From India, Mumbai
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From India, Mumbai
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Dear Amol,
You have the full right to the amount, whether you or your employer contributed towards the PF account, whether it is for 3 months or for 1 day. Regarding the pension, you must complete 6 months in one organization to avail of the pension scheme.
Transferring the PF is not an issue. Submit Form 13 to your current employer, and they will take care of the rest.
From India, Calcutta
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You have the full right to the amount, whether you or your employer contributed towards the PF account, whether it is for 3 months or for 1 day. Regarding the pension, you must complete 6 months in one organization to avail of the pension scheme.
Transferring the PF is not an issue. Submit Form 13 to your current employer, and they will take care of the rest.
From India, Calcutta
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Hi all,
I still have one point that is unclear to me: If I complete the PF transfer process, will my pension amount also be transferred? Alternatively, if I fill out Form No. 13, will both my PF and pension amounts be transferred to the new PF account?
Regards,
Amol
From India, Mumbai
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I still have one point that is unclear to me: If I complete the PF transfer process, will my pension amount also be transferred? Alternatively, if I fill out Form No. 13, will both my PF and pension amounts be transferred to the new PF account?
Regards,
Amol
From India, Mumbai
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