The basic pay and dearness allowance (DA) of an executive have been increased due to promotion, and now his revised basic pay and DA exceed 15,000/-. He now wishes to give up his provident fund (PF) benefit. However, since he has been a member of the PF since joining, is it possible for him to make such a declaration?
From India, Guwahati
Acknowledge(0)
Amend(0)

An EPF Member can not discontinue his membership, while is employment. Answer to your querry is "No option "
From India, Delhi
Acknowledge(0)
Amend(0)

Anonymous
6

In this case, the only way an employee can opt out of PF would be when he resigns from the organisation and then withdraw and close the active UAN. Till then he would have to be in pf.
From India, Mumbai
Acknowledge(0)
Amend(0)

Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.