boss2966 Started The Discussion:
Dear Friends

From Now onwards we can get our PF Settlement credited in our account within 30 working days

This news was published in Financial Chronicle e news paper, for which I am giving the link below

http://e.mydigitalfc.com/PUBLICATIONS/DCF/DCF/2011/06/23/ArticleHtmls/Get-your-PF-settlement-in-ac-within-just-23062011003026.shtml?Mode=1

Posted 27th June 2011 From India, Kumbakonam
Those Whoever unable to open the above link, can access the article from the below attachment.
Posted 27th June 2011 From India, Kumbakonam
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Bhaskar, It sounds encouraging, but Do you believe our PF officials will comply with the directives and settle within 30 days? I doubt. Pon
Posted 27th June 2011 From India, Lucknow
Yes Mr. Ponraj

Everything depends on the officials. For our officials, needless to say that there are so many other ways for just to delay or deny. They will give some comments or observation on the application and keep pending untill unless the applicant approaches for that.

But let us hope, the only thing we can do, which is in our hands.
Posted 27th June 2011 From India, Kumbakonam
As per EPF Act Sec 2 (f), definition for Employee, means any person who is employed for wages in any kind of work, manual or otherwise, in or in connection with the work and gets his wages directly or indirectly from the employer, and includes,
1, employed by or through a contractor in or in connection with the work of the establishment.
2, engaged as an apprentice (other than apprentice engaged under the Apprentices Act)

As per definition of excluded employee under the EPF Scheme,

Sec 2 (f) Excluded employee means,
(i) An employee who, having been the member of the fund, withdrew the full amount of his accumulations in the Fund under clause 69 of the scheme.
(ii) an employee whose pay at the time he is otherwise entitled to become a member of the fund, exceeds Rs.6500/- per month;
Explanation:- Pay includes basic wages with (dearness allowance, retaining allowance (if any)), and cash value of food concession admissible.)

My question is as to these definitions, can any employee whose salary excludes 6500/- per month - can he be excluded from the EPF scheme as excluded employee and no EPF dedcution to be made from him.
Posted 27th June 2011 From India, Madras
All the employees / workers (direct or through Sub contractors) are to be deducted with PF and it should be deposited with PF Commissionerate everymonth within 15 days from the wage/salary month end, without any deviation.

Only Retired employees those who are re-employed can be exempted, but for them also it can be deducted.
Posted 27th June 2011 From India, Kumbakonam
Since Last 2 years the SSN (Social Security Number) is not made compulsory for withdrawal of PF. The SSN Card can be used as Identity Card.
Posted 27th June 2011 From India, Kumbakonam
sadrs1 
Hi,
I have submitted my epf claim settlement form and the same accepted in delhi south epf office on 01/04/2011.after that when ever i checked the online status its showing under process only, and filed a complaint in grievances cell also they replied me due to annual account updation and software updation it's being delay, can anyone tel me how to know my balance and when it will be clear...???

EPF NO: DL/28730/1922

Ravi
Posted 27th June 2011 From India, Hyderabad
Dear Soumik1570

If a person leave the job on January, then his January PF will be submitted to PF Office by 15 February, then Government will take 1 month to credit in appropriate account. That's the reason we used to tell the workers to apply after 2 months time. You will submit the application in April in your office PF Desk. Then it will be processed there by checking the correctness of details, This Financial Year Contribution Details, Form 5 date and Form 10 Details. Hence It will reach and acknowledged at PF Office by end of April. From the date of acknowledgement only the count down of 30 days starts (as mentioned by the Government). Then also they will have 1000 reasons for delay.

Note : I have given the details in this thread is whatever I have received in my email and it is not compulsorily be followed by our officials.
Posted 28th June 2011 From India, Kumbakonam
Hello all. please help me to come out from the frustration of loosing my epf.

Actually i worked in xyz limited in Delhi from Nov.2004. I have signed on offer letter that all terms and conditions are accepted to me. Although this offer letter was printed on a plain A4 paper. I joined as junior engineer. As per this offer letter, i was required to execute a bond of Rs. 50.000 for serving the company for three years, although company never got this bond executed. EPF contribution started to be deducted. The training and probation period was for two years and it was not allowed to apply any job for the same period. i had higher qualification of B.tech and thus i applied for better jobs without informing the company as they would not forward my application as per the offer terms. I got a better job and i resigned in nov. 2005. My immediate two bosses have signed that resignation out of which my immediate boss made remark 'suitable reliever may be arranged if resignation accepted'. Meanwhile i joined new job and a new epf account has been created in this job. Now after more than 3 years my old company informed me that i have been terminated due to unauthorised absence. i want to seek your help as how can i withdraw my old epf amount without consent of the old employer as obviously they will not co-operate with me. Also i have not informed my new company about my previous employment. As per the offer terms of old employment three months notice period was required from my side and one month from employer side which i have not served as i had to join my new job immediately.
Posted 28th June 2011 From India, Delhi
hi.. can anyone tell me is there any way you can get your PF money if the comapny has not paid the penalty charged..i have worked for an organisation for 2 years n have filled the form etc n its been almost 3 years i have been following up bt i get the same response that it takes time..is there any way i can get my money back or i will have to loose hope...

Pls help
Rashmi
Posted 28th June 2011 From India, Mumbai
Hello all. please help me to come out from the frustration of loosing my epf.

Actually i worked in xyz limited in Delhi from Nov.2004. I have signed on offer letter that all terms and conditions are accepted to me. Although this offer letter was printed on a plain A4 paper. I joined as junior engineer. As per this offer letter, i was required to execute a bond of Rs. 50.000 for serving the company for three years, although company never got this bond executed. EPF contribution started to be deducted. The training and probation period was for two years and it was not allowed to apply any job for the same period. i had higher qualification of B.tech and thus i applied for better jobs without informing the company as they would not forward my application as per the offer terms. I got a better job and i resigned in nov. 2005. My immediate two bosses have signed that resignation out of which my immediate boss made remark 'suitable reliever may be arranged if resignation accepted'. Meanwhile i joined new job and a new epf account has been created in this job. Now after more than 3 years my old company informed me that i have been terminated due to unauthorised absence. i want to seek your help as how can i withdraw my old epf amount without consent of the old employer as obviously they will not co-operate with me. Also i have not informed my new company about my previous employment. As per the offer terms of old employment three months notice period was required from my side and one month from employer side which i have not served as i had to join my new job immediately.
Posted 28th June 2011 From India, Delhi
Hi I have a doubt, I had resigned from Mafoi on Dec 2009, by that time I didnt withdraw my PF due to my maternity. My query is , Is it possible for me to withdraw that amount now??
Posted 28th June 2011 From India, Madras
Yes, very much possible. Fill the forms and submit to PF office. In stead, you can transfer the PF if you are employed in another company. Ponraj
Posted 28th June 2011 From India, Lucknow
Ya I am working now... Is it possible to transfer that amount??? But I had joined this company on April 2011 itself. Regards Supraja
Posted 28th June 2011 From India, Madras
Supraja, No issue. Submit Form 13 to your new employer for transfer. Approach your HR, they will guide you. Ponraj
Posted 28th June 2011 From India, Lucknow
Wishful expectation in this world of corruption. You can wait and watch.
Posted 29th June 2011 From India, Delhi
Dear Mr. Dhingra

This is only policy declared by our Government and it will be successful only on effective implemention by our great Officials. If they want they can settle the issue.

In Defence whoever leaving the service, they will stop deducting the PF for the last 2 or 3 months and at the last of day of service the Defence personnel whoever getting released, will be issued with a cheque of PF Emoluments and other benefits and within 7 days from the release he will be receiving the the Pay Pension Order (PPO) directly from his records office and on the very next month onwards he will get the pension.

Only requirement for settling the things properly is the dedicated workmanship and service minded people in the respective chair. In case of some minor mistakes also they should correct themselves and clear the issue then and there without any further delay in processing the papers for Pension and PF Settlement, will surely fetch the good result.

Nowadays we are seeing the change in the service of Banking industry comparing to that of 2 decades early. You have to wait in a lengthy queue to receive your own money, but nowadays you can enter in any ATM, insert your card and you will get the money in your hand within 1 minute. There is a terrific change in the attitude of the employees of Bank and their views regarding the customer has really changed and now you can see the Real Gandhian Philosophy started working. (In Earlier days in SBI Mahatma Gandhi's photo will be available and underneath the photo, there are some wording, We are here to serve for Customers and not the Customers are here to serve us, and so on........) But now only we are seeing the same attitude in the minds of employees of the Modern Banks. Still the traditional banks and their attitude are not changed.

But Mr. Dhingra, Let us expect some change atleast in this transitional period.
Posted 17th July 2011 From India, Kumbakonam
Dear Bhaskar,

Everyday paper tigers, as policies, are issued by the authorities just to befool the gullible public and even its own employees, but, you cannot expect any change from the overly currupted machinery, which has to implement the change. If they are so serious about the welfare of the employees, why the Government doesnot make provision for stringent disciplinary action against such officials who willfully delay settlement of claims? What for the supervisory staff and mangement has been posted in PF offices, if they fail to manage timely settlement of the claims? Who makes them not to exercise their power to expedite the settlement of claims? Regular inspections are made by the higher authorities within the organisational offices, Statutory and Internal Audits are already there, CVC is already there, who has taken any action so far against any such official who delayed the settlement of claims of employees?

Anyway, let us see to what extent the orders get implemented?


Posted 18th July 2011 From India, Delhi
sadrs1 
Hi, my epf claim settlement is approved for both the forms, and the payment is under process and i received the sms also, can u or anyone tel me how many days it will take to credit in my account????? many thanks in advance
Posted 18th October 2011 From India, Hyderabad
Once you receive an SMS from the PF Authorities about the process of PF Claim then it will take 1 month and you will receive two more SMS (one for PF amount deposit details and another for EPS amount deposit details in your designated SB Account).

All the best
Posted 18th October 2011 From India, Kumbakonam
Dear Sir, Thanks you very much for update information, sir, I have no idea about SSN (Social Security Number) can you brief me what is this. Thanks, Regards, J.N.Modi
Posted 18th October 2011 From India, New Delhi
Dear Jay Narayan Modi

Please go through SOCIAL SECURITY NUMBER(SSN) <link updated to site home> ( Search On Cite | Search On Google ) link from where you can have some idea about the NSSN (National Social Security Number), which is created for those who used to get transferred from one state to another and by which they can get the link of all his PF Account. But nowadays All the PF Offices are made Online and from anywhere at anytime, anyone's account can be accessed. Hence, it will be of no use.




Posted 18th October 2011 From India, Kumbakonam
Dear Sir, Thanks you very much for your faster reply than pizza hurt. Sorry sir, thanks, Regards, J.N.Modi
Posted 18th October 2011 From India, New Delhi



 
 
 
 







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