I have been working in industrial organisation for almost 3 years and served two companies. Now I have recently joined the another organisation (acadamic) where I am not entitled for any PF.
I did not trasfered / widrawed PF amout from my last two companies. What to do now, I have no new PF account here.
Please suggest.
From India, Delhi
I did not trasfered / widrawed PF amout from my last two companies. What to do now, I have no new PF account here.
Please suggest.
From India, Delhi
Hello, If according to salary wise, u r not entitled for the PF, then u can Opt the same. Open a new PF A/c with the current organisation & trasfer previous PF amount to the new one.
From India, Delhi
5From India, Delhi
How you are not entitled for PF???
if the Provisions of EP&MP Act are applicable to the this new company and they have PF Code, then you can not opt out, You have to be mandatory enrolled as member of PF fund as per provision of Para 26 of the PF Scheme. in case an employee have been a member of PF scheme then whatever be his/her salary, can not be excluded.
regards
if the Provisions of EP&MP Act are applicable to the this new company and they have PF Code, then you can not opt out, You have to be mandatory enrolled as member of PF fund as per provision of Para 26 of the PF Scheme. in case an employee have been a member of PF scheme then whatever be his/her salary, can not be excluded.
regards
Dear Member,
As per my understanding, if the employee is a member in PF scheme in the existing organisation, then only he/she is eligible for PF. But when an employee joined a new company & his basic salary is more than Rs.6500/- then how come he/she comes unde PF schme. In this situation he/she can Opt for PF for future prospect.
From India, Delhi
As per my understanding, if the employee is a member in PF scheme in the existing organisation, then only he/she is eligible for PF. But when an employee joined a new company & his basic salary is more than Rs.6500/- then how come he/she comes unde PF schme. In this situation he/she can Opt for PF for future prospect.
From India, Delhi
I have joined a government institute as engineer on one year contract. What i get is only basic + HRA. So, how i should manage my earlier PF in this situation.
From India, Delhi
From India, Delhi
hello,
Vyasamkumar, you will have to go your both previous companies and you will have to fill form 19 for employees provident fund scheme, form 10 c for employees pension scheme, form 5 and statement of non- Reckonable service. you can get these forms from pf office okay...
I am Ashish Dwivedi HR executive
From India, Indore
Vyasamkumar, you will have to go your both previous companies and you will have to fill form 19 for employees provident fund scheme, form 10 c for employees pension scheme, form 5 and statement of non- Reckonable service. you can get these forms from pf office okay...
I am Ashish Dwivedi HR executive
From India, Indore
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