Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
I had applied EPF final settlement and Pension fund thru online and settled the amount, but pension fund credited amount is less than actual amount. How to claim the balance amount from PF authority? pl clarify.

Dear Mr Rajkumar, you have confirmed that you have received amount towards your Pension Claim-Form # 10C How did you come to conclusion that withdrawal benefit received is less than actual amount.Please elaborate your query with full details.Pension withdrawal has no relevance to Contribution to Pension Fund.What was the length of Service? Please do not get carried away by Pension Fund Contribution reflected in EPF Pass Book
From India, New Delhi
Dear Raj, You have to check with your Pay Roll office on this first about the discrepancy.
You can withdraw EPS amount only when you are withdrawing EPF amount and that too if you have not completed ten years of service. If you have completed ten years of service then there is no way to withdraw your EPS amount. You will receive a Pension Scheme certificate for the EPS amount.
You can withdraw the contributed EPS amount along with your EPF balance. But the condition is you must not have completed 10 Yrs of service. When you withdraw EPF, then you receive EMPLOYEE+EMPLOYER EPF contribution+Interest earned on this EPF. Along with that, some % of EPS contribution also be paid.
You'll know some more details about the EPS from the attachment.

From India, Bangalore

Attached Files
File Type: docx Employee Pension Scheme.docx (25.2 KB, 156 views)

Can I withdraw Epf Pensionamount after Resign to the company and completion of 11.5 years in a company .
From India, Mumbai
Hi Mumbai friend,
Your query on EPS is anwered in this link, pl.browse and get it -
https://www.citehr.com/274041-pensio...d.html#1234087

From India, Bangalore
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™