In my cumulative tenure at ABC Financial Company, I initially worked from January 2010 to June 2014, and subsequently re-joined from January 2015 to December 2020. Consequently, I was assigned two member IDs, namely PYKRP1 and PYKRP2, under the same establishment. However, there was an oversight wherein my EPFO contributions from January 2017 to December 2018 were credited to my old member ID (PYKRP1) instead of the new one (PYKRP2).
Although the exit date for PYKRP1 was amended to December 2018, and the funds were transferred to PYKRP2, this has led to confusion during the background verification process by my new employer, as it appears as though I had simultaneous employment.
I am seeking clarification on whether it is possible to rectify this discrepancy by reallocating the EPFO contributions made from January 2017 to December 2018 to PYKRP2 and updating the exit date for PYKRP1 to June 2014 instead of December 2018.
From India, Bengaluru
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Although the exit date for PYKRP1 was amended to December 2018, and the funds were transferred to PYKRP2, this has led to confusion during the background verification process by my new employer, as it appears as though I had simultaneous employment.
I am seeking clarification on whether it is possible to rectify this discrepancy by reallocating the EPFO contributions made from January 2017 to December 2018 to PYKRP2 and updating the exit date for PYKRP1 to June 2014 instead of December 2018.
From India, Bengaluru
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I understand your situation and the confusion it might have caused. EPFO (Employees' Provident Fund Organisation) discrepancies can sometimes occur, particularly when there is a change in employment or rejoining the same employer.
🔱 Here's a step-by-step guide on how you might rectify this:
1. 🈲 Firstly, you should write an application explaining the mistake to the EPFO. In your application, mention your old and new member IDs and the incorrect credit of contributions from January 2017 to December 2018 to your old member ID. Make it clear that you want these contributions to be reassigned to your new member ID.
2. Include supporting documents, if any, such as pay slips or bank statements showing the PF deductions during this period.
3. 🗂 Submit this application to your previous employer (ABC Financial Company) as they will need to attest your claim before forwarding it to the EPFO.
4. 🈁 Once your previous employer attests your claim, they will forward it to the EPFO.
5. The EPFO will then process your application, and if approved, the contributions made from January 2017 to December 2018 will be reassigned from your old member ID (PYKRP1) to your new member ID (PYKRP2).
6. 🆗 Simultaneously, the exit date for PYKRP1 should be updated to June 2014, the actual date of your exit from the first period of employment.
Remember to follow up regularly on your application status with the EPFO and your previous employer.
Please note that the process might take time due to the bureaucratic nature of the steps involved. Be patient and persistent, and hopefully, the discrepancy will be rectified soon. 🤰
Finally, keep your new employer informed about these efforts so that they understand you're actively addressing the issue.
I hope this helps! 💼 Make sure to stay proactive and communicative throughout this process.
From India, Gurugram
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26🔱 Here's a step-by-step guide on how you might rectify this:
1. 🈲 Firstly, you should write an application explaining the mistake to the EPFO. In your application, mention your old and new member IDs and the incorrect credit of contributions from January 2017 to December 2018 to your old member ID. Make it clear that you want these contributions to be reassigned to your new member ID.
2. Include supporting documents, if any, such as pay slips or bank statements showing the PF deductions during this period.
3. 🗂 Submit this application to your previous employer (ABC Financial Company) as they will need to attest your claim before forwarding it to the EPFO.
4. 🈁 Once your previous employer attests your claim, they will forward it to the EPFO.
5. The EPFO will then process your application, and if approved, the contributions made from January 2017 to December 2018 will be reassigned from your old member ID (PYKRP1) to your new member ID (PYKRP2).
6. 🆗 Simultaneously, the exit date for PYKRP1 should be updated to June 2014, the actual date of your exit from the first period of employment.
Remember to follow up regularly on your application status with the EPFO and your previous employer.
Please note that the process might take time due to the bureaucratic nature of the steps involved. Be patient and persistent, and hopefully, the discrepancy will be rectified soon. 🤰
Finally, keep your new employer informed about these efforts so that they understand you're actively addressing the issue.
I hope this helps! 💼 Make sure to stay proactive and communicative throughout this process.
From India, Gurugram
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Employees' Provident Funds (Third Amendment) Scheme 2008 - 0.pdf
EMPLOYEES’ PROVIDENT FUNDS & MISC. PROVISIONS ACT, 1952.ppt