I was working with an organization since 7 years, but then I left & joined another organization. After 2 months I applied for withdrawal of my Provident fund amount. However, my application got rejected. The probable reason I assume is that I had not changed my name after marriage in PF accounts. However, I had attached an application & affidavit for the change of my name along with the Withdrawal application form.
Can anyone, please suggest me the next step & How I can take it further.
Thanks
13th January 2014 From India, Gurgaon
Dear Sir,
I was working in a private Polytechnic in Kanyakumari district, Tamilnadu between 1984 and 2006 and opted for Voluntary Retirement. My PPO No. 100125, [name] Swamidhason Francis; now I'm getting Rs.700/- as monthly pension although my basic salary in 2006 was Rs.13,000/-.
I have two queries:
[1] Will the increase in the rate of PF interest cause any increase in my monthly pension?
[2] I was 50 years old when I left service in 2006; will my EPF pension amount increase after I become 58 in 2014?
Thanks
Swamidhason
16th January 2014 From Libyan Arab Jamahiriya,
Dear Group,

What would be the effective date for a Company to become eligible to award PF benefits to its employees. The PF Laws says once the strength of employee cross 20 nos. the establishment is required to award PF benefits and to comply with the EPF Act. In our case, the first employee of the company joined somewhere in Aug. 2012 and till July 2013 the strength was less than 20. Our 21st nos. employee joined in july end 2013 and therefore the company applied for PF registration in August and got registration in September. The PF dues were calculated from July 2013 and paid before the PF authority as per rule. However, now the PF authorities have asked us to pay the dues Aug. 2012. Whether the notice issued by PF authority is in line with

the applicable provision under EPF Act and whether our company is required to pay the PF benefits from Aug. 2012 when the strength of the employees

was less than 20 till July 2013. Please guide me so that appropriate decision can be taken.

Thanks

Manoj
17th January 2014 From India, Aurangabad
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™