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Madhu.T.KUnder no circumstances can an international worker be excluded from the operation of Employees provident Fund schemes.
An establishment once covered by the EPF Act whether voluntarily or by operation of law, will be covered till liquidation.
From India, Kannur
expatinggncan any Expat in india withdraw employee contribution part (if not employer part) while leaving India (on migration purpose) after resignation form the organization in india
Madhu.T.KThe same rules regarding withdrawal as is applicable to others is applicable to expats also. Therefore, he can withdraw it when he leaves India. Regards, Madhu.T.K
From India, Kannur
TinitanyDear Madhu, I am not too sure if this correct, to my knowledge Indian workers are allowed to withdraw their PF balances under a number of circumstances, international workers will be only able to do so on retirement at 58 years against 55 years for local workers, according to the latest changes made through an amendment to the Employees' Provident Funds Scheme, 1952.
However, in the case of permanent and total incapacity to work due to metal infirmity withdrawal will be allowed.
Overseas workers will need to keep their bank account in India till the refunds are received in such account.
For example, an foreign worker who completes his employment in India at the age of 50 years will have his contribution blocked for 8 years and will have to keep his bank account open till then.
Foreigners will be happy leaving their funds in India, which will earn nearly 9% return against much lower they can get back home.
But there is a new rule expected to be in effect since April 11 as per which provident fund accounts inactive for than three years will not earn any interest. Once this rule come into effect this extra return will be available only for three years after an expat leaves India.( I am not too sure of this last bit if it is implemented or not)
From India, New Delhi