As per the latest PF policy, international workers are not allowed to withdraw their PF until they reach the age of 58. I have heard that this rule has been temporarily halted by the Karnataka High Court in a specific case. Does anyone have any information about this? I would appreciate it if someone has any accurate knowledge about this matter.
From India, Mumbai
From India, Mumbai
But this condition does not apply to the countries who have signed the SSA pacts. Currently 11 countries have signed such pacts with India. Not aware of Karnataka Court stay order. pon
From India, Lucknow
From India, Lucknow
SSA pacts have been signed by 11 countries but implemented by only two. That is why the Indian government is trying to pressurize the other countries as well as the countries that have not signed the pact. However, if there is a Karnataka High Court stay order, then it can also become relevant for other states.
From India, Mumbai
From India, Mumbai
Bilateral Agreements on Social Security
As of the current date, bilateral agreements relating to social security have been implemented with respect to Belgium, Germany (effective from 01.09.2009), and France; however, the entry into force with France is yet to be notified. Negotiations are currently in progress with other countries.
If an employee has worked for more than 6 months but less than 10 years, then on the date of cessation/termination of service or upon attaining 58 years of age—whichever comes earlier—they shall be entitled to withdrawal benefits.
From India, Bhubaneswar
As of the current date, bilateral agreements relating to social security have been implemented with respect to Belgium, Germany (effective from 01.09.2009), and France; however, the entry into force with France is yet to be notified. Negotiations are currently in progress with other countries.
If an employee has worked for more than 6 months but less than 10 years, then on the date of cessation/termination of service or upon attaining 58 years of age—whichever comes earlier—they shall be entitled to withdrawal benefits.
From India, Bhubaneswar
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