Honeyanshi
Vice President (hr&ir)
Vidyadhar Bhat
Consultancy In Pf

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Hi team,
I had quit my job and it's been 1.6 years now.
I have done nothing with respect to my epf account.
What would happen if am not withdrawing my PF amount and the pension amount.
Will there be any deductions if I don't withdraw the amount?
Is there any limit to withdrawal period.
Kindly suggest the best choice.
Note: Am not in need of liquid cash.

Your amount in safest place ....don’t withdrawl ...transfer when join somewhere .
Dear Mr.Singh, Thanks a lot. I am relieved now with the information.
Dear sir, How long we can keep the PF account as a non operative? Is interest will be payable in my account during non operative? my PF is kept in Trust.
Earlier after 36 month it become non operative and interest also not added... not its changes , interest will be payable ... so transfer non operative amount into current account (UAN) .
In my opinion .... Either transfer into current account or if not going to remain a employee in future , then withdrawal it.

Dear Arivus,
As per amendment in Nov16, the inoperative definition is changed.
All account will receive interest except inoperative accounts.
In-operative Account: From the date of amount due for Payment, Three years if the amount not withdrawn from EPFO or EPF Trust, the account will be treated as inoperative accounts. Accordingly, if member retired at the age 58 yrs, and not withdrawn PF amount, up to age 61, will earn interest and thereafter will be transferred to in-operative account and no interest will be earned. The account will be if EPF account till age 68 yrs and thereafter the amount will be transferred to SCWF ( Senior Citizen Welfare Fund ). In case of death of the member, after three years from Date of death, account will be in-operative.
Thanks,
Vidyadhar Bhat

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