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Pension or pension fund withdrawl
One of my colleague whose mother expired in jan 2012. she has worked in an organisation where pf act 1952 is applicable for more than 10 years. she has only her son as legal heir. at the time of her death her son has just completed 25 years of age. when he has claimed pension fund withdrawl through form 10c form rejected stating that the member mother has worked for more than 10 years hence not eligible for withdrawl benefits. the monthly pension is not payable since her son has completed 25 years. now which are the options available for getting the pension fund. sdp
Withdrawl of pension fund
Dear sir is there any provision in pension scheme 1955 to withdraw the lump sum amount even after 10 yrs of service or at retirment if i dont wish to avail pension. what is the rate of interet on pension fund and is there any contribution from govt. side. regards vishal
What is the pension fund amount i get on withdrawl
Hi experts i wanted to understand and know how much i get from my pension fund when my pf balance is withdrawn my service with my last company is 5 years 4 months nov 2004 to mar 2010 my pension fund balance in my pf account shows 34441 as of 01/04/2010 now i have applied for my pf withdraw so how much i get from my pension fund? if i calculate as given in eps95 document 65005.02 32630 which is less than the contributioneven w/o adding interest govt contribution please clarify how much i will get now from my pension fund. thanks ashok
Pension fund
Dear friends if an employee worked for 2 years in the organisation. can he withdraw employee provident fund and pension fund. if he can....what is the procedure for withdrawl of pension fund from the pf authorities. 1 if we want to take scheme certificate what benefits we wil get? 2 if we dont want to take scheme certificate what we will get? kindly suggest...
It is better to withdrawl a pf amount or keep continue to eligible for pension?
I would like to know that there are many employees can not wish to their pf pension amount move in the pension fund after completed 9 years 6 month of service and wish to withdraw all their pf/pension amount. in this matter i found lots of answer and argument.also from my senior please find some of them as below... 1 pension start on the age of 58 year who knows that i will be live or dead 2 what is the value of small pension amount 2000 or 5000 on my age of 58 3 it is better to invest in other sources i.e. mutual fund bank fd 4 after starting a pension on my age of 58 year how long i will alive ???? what a mentality ???? 5 we do not get as much money as our pension funds have been funded. 6 if i invest in other sources i will get more amount instead of pension. is this arguments are true ???
Withdrawl of pension fund unfer epf 95
Dear seniors. have put in more than two decades in an organization. quit about 4 years back. 1 had not been receiving pf statement regularly. have now been asking for the pf account number the response is employee number is the number. have tried to log in epfo.nic site to verify status. does not work. do not know the exact quantum. 2 another response from them is that i can not withdraw my pension fund under epf 95. i can only get early pension at 50 or at superannuation at age 58. i am currently 48 . can i not withdraw the pension fund which is substantial. i am unemployed since 4 years and have to pay for my chidren 2 education. seek seniors guidance. warm regards