Employee has option to opt out from PF on certain conditions. 1) If employee till date has not enrolled in PF. 2) If employee having PF and trying to shift new company then in the new company he has option to choose or Opt out. If opting out then Form 11 has to be filed. Employee is eligible to opt out only if Basic > 15000. So only I had mentioned Employee is eligible to opt out on all conditions. In My case Employee till date dint had PF and he is not willing to having PF.
furthermore , the EPS account withdrawal has been stopped untill the emplyee reach 58+ of age, so the UAN remains active and exclusion is not applicable
two exemption in male employee 1) leaving india permanently ( document required) 2) death .........and additional exclusion for female employee that due to marriage she is not willing to work in future .............apart from these , form 10C /10D settlement is not possible unless the member achive 58+ of age
As per my understanding. Employee can opt out from PF which is purely on Employee decision as Employer will always try to include in the PF. Furthermore, Government has given the leverage of opting out of PF. However, in my case employee till date has no PF and neither willing to take PF.