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.
13th October 2018
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
14th October 2018 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.
14th October 2018 From India, Bangalore

Attached Files
Membership is required for download. Create An Account First
File Type: docx Employee Pension Scheme.docx (25.2 KB, 107 views)

Can I withdraw Epf Pensionamount after Resign to the company and completion of 11.5 years in a company .
24th January 2019 From India, Mumbai
Hi Mumbai friend,
Your query on EPS is anwered in this link, pl.browse and get it -
24th January 2019 From India, Bangalore
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™