Retention of PF by PSU - CiteHR
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I am working under a PSU and availing housing provided by PSU. I have resigned from PSU and as per company rules I can retain house for 7 months but company is giving illogical reasons and forcing me to vacate house.
As per rules I will not so can PsU stop my PF amount by imposing undue penalty and force me to clear died before releasing my PF amount.
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It will be in your interest to pay 7 months rent and allied charges in advance to the PSU.
This will help you finalise your a/cs well in time when you vacate the house.
You need to check your housing rules as stay beyond retirement date cannot be claimed as a matter of right.
PF payment should not be held up.,
But some PSUs do this kind of safety margin, because people dilly dally to vacate especially in big metros.
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