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Hi Dear friends,
I need clariication regrading PF withdrawl. can one Employee with draw their PF only? can they continue their pension scheme which was contributed by employer, because employees contribution fully goes to PF only so in this if they claim their pf after that will they continue pension scheme?....can anyone explain me about this?.....
From India, Chennai
I need clariication regrading PF withdrawl. can one Employee with draw their PF only? can they continue their pension scheme which was contributed by employer, because employees contribution fully goes to PF only so in this if they claim their pf after that will they continue pension scheme?....can anyone explain me about this?.....
From India, Chennai
Dear HR Friend
The PF authorities are allowing the employee to get the EPF and Pension amount after his resignation.. If his service is not much he can claim both at a time. If his service is long and nearing to get superanuation they are allowing to get the PF and they are issuing Scheme certificate under pension scheme. So that the employee can submit the same to his new employeer and get the continuation in pension scheme.
This is for your information
Alphonse
9443625359
From India, Madras
The PF authorities are allowing the employee to get the EPF and Pension amount after his resignation.. If his service is not much he can claim both at a time. If his service is long and nearing to get superanuation they are allowing to get the PF and they are issuing Scheme certificate under pension scheme. So that the employee can submit the same to his new employeer and get the continuation in pension scheme.
This is for your information
Alphonse
9443625359
From India, Madras
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PF & Pension Amdmt Scheme 2010 for IW.pdf
