Hi, My name is aditya and i m working in IT company as Trainee HR,
My query is when employee will resign from job, tell me his PF settlement after the resign with A/c Wise please its urgent.
Can he able to withdrawal total 24% ( From employee and Employer Contribution)
From India, Mumbai
My query is when employee will resign from job, tell me his PF settlement after the resign with A/c Wise please its urgent.
Can he able to withdrawal total 24% ( From employee and Employer Contribution)
From India, Mumbai
Hi, Still i have not received ans for my query, nobody is their to ans my question.
From India, Mumbai
From India, Mumbai
Dear Ravi,
Please note down that after claiming you EPF accumulation after completion of 3 yrs. of service you can get full amount i.e (12%+3.67%)+ intrest rate + 8.33% (EPS accumulation), the Family Pension Fund amount will only be forfeited if the contribution if the contribution of accumulation is less than of 180 days or 6 months.If the contribution is of accumulation is completed for 10 years then amount goes to scheme and will be paid in form of pension after completion of 58 yrs. of age.
Ramakant
From India, Pune
Please note down that after claiming you EPF accumulation after completion of 3 yrs. of service you can get full amount i.e (12%+3.67%)+ intrest rate + 8.33% (EPS accumulation), the Family Pension Fund amount will only be forfeited if the contribution if the contribution of accumulation is less than of 180 days or 6 months.If the contribution is of accumulation is completed for 10 years then amount goes to scheme and will be paid in form of pension after completion of 58 yrs. of age.
Ramakant
From India, Pune
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