chintan4fun
Hello,

This query might have been asked many times on this forum but I wanted to ask about one specific case which is affecting me.

I have been working with my previous company for 9.9 years. I have resigned on May 2014 and served notice period of 3 months ( 90 days ). I got relieved on 28th August, 2014 with all the proper documents. Before I left the company, I have filled up all the forms - 19 and 10c which related to EPF and Pension complete withdrawal. At the same time I also got my UAN.

While joining my current company, I have filled up the forms to open the new EPF account and it is active from past 2 months.

Now, after almost 1.5 months, my finance departments tells me that after the introduction of UAN, the rules have been changed and I will not be able to withdraw the amount. To do so, I should not be having any other EPF account which means ( according to me ) that I should be unemployed for 2 months. I have read the instructions on EPF website and they tell something like this but I am not able to understand their terminology.

It would be great if someone can guide me in this scenario. Will I be able to withdraw the complete EPF amount accumulated for my previous employer ? If yes than how can I convinence my finance department regarding the same ?

Thanks a lot in advance.

Regards

-- Chintan

From India
HR_learning2006
45

Dear Chintan,

Please dont worry. You will get your entire PF and Pension amount of your previous employment.

As per practice,in case of PF withdrawl there is a 2 months waiting period . This shows that the employee bearing the particular PF Account No. has resigned and that no PF amount has been deducted and deposited in his PF Account from which he will be withdrawing his PF.

Normally, it is only after completion of 2 months from the date of leaving the PF Withdrawl Forms 19 & 10 C are submitted in EPFO by previous employer,processed by the PF Office and amount transfered to your S.B. Account.

It means the forms can be submitted only after October 28 (after 2 months completion w.e.f 28.08.2014)to the PF Office.PF office will process the forms within next 2 - 3 months and pay your PF. Hence they say PF withdrawl is much a delayed process than PF transfer.

It does not mean that practically you have to be unemployed.

Also,you need to deal for your PF withdrawl with your previous employer for status and queries. Now you can get feedback from PF site as well.Avoid discussing with FInance Dept of your current company because I doubt as to what extent they will be able to guide you in this.

Also in matters related to withdrawl / transfers of PF , members have a 'Weapon' i.e. Filing an RTI with PF Commissioner if payments are delayed or response not received from them.

Regards,

Sumeet

From India, Mumbai
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