Hi all,
I would like to inquire about one of our employees who worked with our organization for almost two years but left in the month of September. He completed all the formalities and withdrew his PF. His PF settlement is still in progress.
Our company is considering rehiring him. Do we need to open a new PF account for him?
From India, New Delhi
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I would like to inquire about one of our employees who worked with our organization for almost two years but left in the month of September. He completed all the formalities and withdrew his PF. His PF settlement is still in progress.
Our company is considering rehiring him. Do we need to open a new PF account for him?
From India, New Delhi
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Dear Piyu87 Yes, You have to create new PF account because He has already submitted his PF withdrawal form in PF office and it also under process.
From India, New Delhi
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1From India, New Delhi
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I would also know that if any employee working in any company from 2 yrs and he left from company, how can he collect his PF amount from that org.
From India, Ajmer
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From India, Ajmer
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Dear Piyu87,
If the PF settlement is still in process and not finalized, and the PF accumulation is with the PF Department, the RPFC concerned can be requested in writing by moving an application by the member for withdrawal of application (Form-13) for withdrawal of PF accumulations by the member. In that case, his previous code number will continue, and a new code number is not required.
RL Dhingra, Advocate
09818309937
Email: rld_498@rediffmail.com
From India, Delhi
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If the PF settlement is still in process and not finalized, and the PF accumulation is with the PF Department, the RPFC concerned can be requested in writing by moving an application by the member for withdrawal of application (Form-13) for withdrawal of PF accumulations by the member. In that case, his previous code number will continue, and a new code number is not required.
RL Dhingra, Advocate
09818309937
Email: rld_498@rediffmail.com
From India, Delhi
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Dear All,
I fully endorse the views expressed by Shri rldhingra Ji. If the application is still under process, it can be withdrawn by the member with your concurrence in writing. That will benefit the member in the long run as his past services will continue for pension computation when he finally retires. If he closes his present PF account and then applies for a new account, he loses lien on his two-year services rendered earlier.
From India, Pune
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I fully endorse the views expressed by Shri rldhingra Ji. If the application is still under process, it can be withdrawn by the member with your concurrence in writing. That will benefit the member in the long run as his past services will continue for pension computation when he finally retires. If he closes his present PF account and then applies for a new account, he loses lien on his two-year services rendered earlier.
From India, Pune
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Early PF withdrawal won’t be easy.pdf
Guide Lines for PF Withdrawal.doc