Dhanya Gowda
I have a confusion regarding EPF - Pension.
If a employee have worked for 10+ yrs in A organisation and he is a pension holder now. He have withdrawn his PF amount and EPF is moved to pension scheme.
Now he is started working in B company and new PF account is opened.
My question is
What needs to be done for A org Pension??
Can he transfer his pension amount to new PF account?
Can he eligible for 2 pensions??
Kindly suggest.

From India, Mysore
Madhu.T.K
4193

In order to get the pension service added to the present service or to consider the past service at the time he claims pension, he has to apply for a scheme certificate. A scheme certificate is a certificate issued by the EPF Organisation which certifies your membership with Pension Fund. This certificate will also contain the name of spouse and children who are eligible to get pension in case the employee dies before attaining the age of retirement. On joining a new establishment which is covered by EPF,you can surrender this certificate through the employer. With this, your past service will be added to the present service. Alternatively, you can keep the scheme certificate with you and submit it to EPFO along with your pension claim application.
From India, Kannur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.