Assistant Engineer, Indian Telephone Industries,
Hrm, Ir & Adminstration
+1 Other

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Dear members,
I have one query about the eligibility of an employee in case of withdrawal
of the pension fund under EPS 1995.According to me if an employee has not rendered service for six months or more he is not eligible for the pension amount standing against his name under the EPS scheme.
Thanks & Regards

He is elible but he can not withdraw the same but can transfer to new account ( Afterall it is his own money)
Why the question on 6 month's service. For pension, minimum 10 years' service is required. For withdrawal benefit minimum 6 months should be there.
If it is below 6 months, there is no option other than adding with future service.

hi seniors ,
what is the eligibility to withdraw the PF amt ?
one of the sister concern company is getting his employers transfered to our company called B. Now since the service will be contd, i just want to know whether the employees PF can be withdrawn. If no why?

Dear Alice,
If the previous account is not transferred / connected to present service, you simply apply in form 19 for withdrawal of PF amount. Regarding EPS, it is better to have a scheme certificate.

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