monali_hr
1

Hello,
Can anybody please tell me that if any employee has resigned from job by completing 2 yrs. And after resign if he wants to withdraw his PF contribution then according to my knowledge he/she will get (Employee contribution 12% + Employer contribution 3.67% + interest as per govt. rule).
Please tell me that am i right. I am confused about getting employer contribution. Shall we get both empr contrib (8.33%+ 3.67%) or only one acct contribution bet'n it.
Thanks & Regards,
Monali

From India, Pune
abbasiti
517

Dear Monali, Whatever amount in account with interest can be withdrawn (i.e.both employee and employer contribution). Abbas.P.S
From India, Bangalore
ankurhr1
5

Dear Monali,
Employee will get Provident Fund Amount (12% Employee Contribution + Difference Amount or 3.67% + Interest) + Pension Amount (As per Table B under the Employees' Pension Scheme 1995) on withdrawal of Fund Amount under The Employees' Provident Funds and Miscellaneous Porvisions Act, 1952.
With Regards,
Ankur Rastogi

From India, New Delhi
np_thomas
Are you sure you will get pension amount on withdrawal. I thought you will not get the pension contribution but will get pension at the notional date of retirement.
From India, Mumbai
mohitpandey_1987
32

its solve your problem u posted here............... I have attached one data regarding to facts of epf. Its very interesting and valuable sheet so must read it....
From India, Haldwani
Attached Files (Download Requires Membership)
File Type: pdf 10 FACT YOU NEED TO KNOW OF EPF.pdf (102.9 KB, 57 views)

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.