1.Tell them to Service benefit while they are working more then 10 Yrs they are all eligible to get pension after (50 or 58 age)
2.Once UAN Allotted is should not be change their full (life) employment. (Only one UAN Number for a Member)
3.Mean time they want any advance from Epfo ( Who is having minimum of 5yrs Service he can eligible to get Advance from EPFO)
24th October 2015 From India,
Now one has to wait at lest 2 months of non employment for EPF withdrawal. If some one resigned 30-09-2015 then he has to wait till 30-11-2015 to apply for EPF withdrawal. So it is illegal what your employees are doing, so stop it. It is provided in the act.
24th October 2015 From India, Phagwara
If you sign the withdrawal form, you will be liable for fraud and the PF department can actually recover the amount from you.
In fact, if you know this has been done without your approval, you need to inform the department.
I think when you start paying the PF again in the same UAN, this will automatically be detected and the process stopped.
25th October 2015 From India, Mumbai
thanks for the advice,
we are guided many employees. after that they are resigned and joined other companies and got the withdrawals
same example we are getting from the workers, Because of this we are loosed some good candidates.
Ex: employees are withdrawing, investing the same amount somewhere else.
26th October 2015 From India, Bangalore
You can ofcourse, report the matter to the PF. You can go and meet the PRO or vigilance and inform them of cases where people joined other companies but showed In their report that they have stopped working. But few will bother to do that....
27th October 2015 From India, Mumbai