From my first employer, I have received the PF amount and received a Scheme Certificate from the EPF Department against my previous employment (service period 5.5 years).
From my second employer, I have received the PF amount and received a Scheme Certificate from the EPF Department against my previous employment (service period 1.5 years).
Currently, I am working with another organization that is also deducting my PF for more than 10 years.
Now, what is the process to merge my scheme certificates into my existing PF account, and what are the benefits I am going to get after merging the above said scheme certificates? Kindly provide the information.
From India, Hyderabad
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From my second employer, I have received the PF amount and received a Scheme Certificate from the EPF Department against my previous employment (service period 1.5 years).
Currently, I am working with another organization that is also deducting my PF for more than 10 years.
Now, what is the process to merge my scheme certificates into my existing PF account, and what are the benefits I am going to get after merging the above said scheme certificates? Kindly provide the information.
From India, Hyderabad
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Dear Mr. S. Raghu Prasad,
A scheme certificate is used to receive a pension or withdrawal benefit from the Employees' Pension Scheme (EPS). If you are currently in the EPS and your previous services are documented in two scheme certificates, upon reaching the age of 58, you can apply for a pension by surrendering the scheme certificates. Your pension amount will be calculated based on the total of the three services.
Abbas P. S
From India, Bangalore
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552A scheme certificate is used to receive a pension or withdrawal benefit from the Employees' Pension Scheme (EPS). If you are currently in the EPS and your previous services are documented in two scheme certificates, upon reaching the age of 58, you can apply for a pension by surrendering the scheme certificates. Your pension amount will be calculated based on the total of the three services.
Abbas P. S
From India, Bangalore
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PF-Circular-Suc cession Certificate.pdf