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pandalasatish
Hi, I have joined this company in Feb.2008 and now i want to withdraw my portion of amount from my pf account is it possible. if yes wat is the procedure. Iam planning to quit the job very soon and not sure whether i will get my F&F done. So, am planning to get my PF for which am liable of. Please advise ASAP.
From United States, Hoffman Estates
Madhu.T.K
4193

There are two ways of getting your PF amount (definitely along with employer's contribution) You can either withdraw it by submitting from 19 ( for provident fund) and form 10 C ( for pension fund). These forms are required to be signed by the employer whom you were working with. If the employer does not sign you can get it signed by Bank Manager or a Government gazetted Officer. Alternatively, you can get the amount transferred to your new PF account when you join another organisation in which the Act appiles. For transfer, form 13 may be submitted to the EPF Office through your new employer. Here signature of your past employer is not required. Regards, Madhu.T.K
From India, Kannur
rahul_tomer
Dear Mr. Madhu, I have a query related to this matter, Please clarify: 1. Is it a rule in PF act to sign by Gazetted officer or Bank Manager, if the employer is not ready to sign on form no. 19 & 10C. 2. If any Employer have a trust for PF and after the resignation of any employee, he is not ready to sign on PF documents. What to do in this situation to withdraw the pf amount. if possible, Please send me at Thanx & rgds, RAHUL
From India, Delhi
Madhu.T.K
4193

For unexempted establishments, if the employer does not sign the withdrawal forms, it may be signed by Gazetted Officer or a Bank Manager. I am not sure about the case of exempted establishments which have separate PF Trust. However, there is a provision in the Provident Fund Schemes that if an employer refuses to sign a withdrawal form, the employee can send it to EPF Office and the Asst. Provident Fund Commissioner will send it to the employer for his signature. The employer is expected to send it back after coutersigning the forms within five days. Therefore, an employer cannot refuse to sign it. Regards, Madhu.T.K
From India, Kannur
bhardwaj_ch1
73

Dear Mr. Madhu DK, I am working as an officer HR&IR. I want to know the total percentage of PF withdrawal when employee left orgnization before completion of 6months. Contribution from Employee 12% and from Employer 8.33% and 6.67%. How much total percentage is he eligible?
From India, Ahmadabad
Madhu.T.K
4193

An employee leaving the organisation before completing ten years of service will be eligible to withdraw both his own share as well as employer's share of contributions. As such, he will be getting Provident Fund contribution of 12% (employee's share) + 3.67% (employer's share) and Pension Fund contribution by employer of 8.33%. Alternatively, instead of withdrawing Pension Fund he can take a certificate called Scheme Certificate which can be surrendered while joining another organisation to which PF Act applies so that the past service would be counted in continuation to the new service. I have seen postings that employer's share of contribution to Provident Fund (3.67%) and or Pension Fund (8.33%) shall not be withdrawn by an employee who leaves the establishment before 6 months of service. I have not seen any provision in the EPF & Misc Provisions Act, 1952, to this effect. I shall get back to you after verifying any circular in this respect. Till then, please bear with me. Regards, Madhu.T.K
From India, Kannur
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