If any employee has completed 10 year of services and continued in service till age of 58 years, then after if he wish not to go for pension can full PF can be withdrawal?
From India, Surat
From India, Surat
Dear Mr. Rakesh Saxena,
Regarding your question - Can full PF be withdrawn? Yes, the employee can receive a full refund of the PF amount held in their account.
As for the EPS (Employer Share @8.33%), the employee will receive a Scheme Certificate upon completing 10 years of membership.
Thank you.
From India, New Delhi
Regarding your question - Can full PF be withdrawn? Yes, the employee can receive a full refund of the PF amount held in their account.
As for the EPS (Employer Share @8.33%), the employee will receive a Scheme Certificate upon completing 10 years of membership.
Thank you.
From India, New Delhi
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.