I resigned on Nov 5th, 2021. My last PF contribution was on Dec 12th, 2021. It's already been 60 days since my resignation date. However, to withdraw, the PF/EPS Date of Exit (DOE) should be updated. When would I be able to mark the exit?
Multiple questions here... Pardon me.
1) Is it 60 days from Dec 12th (last contribution date), i.e., Feb 10th, 2022?
2) Or 2 months from December (last contribution month), that is March 2022?
3) In either case, it's not practical to withdraw after 60 days of the last working day since we can mark DOE only later, making it almost 80-90 days.
When marking DOE
4) While the mark exit option is available, should I mark DOE as Dec 12th or later, or Nov 5th (last working date if the option to choose it is available)?
4.1) I read on a few sites mentioning it can be the relieving date if the last working date is before the 15th of a month - is that correct?
4.2) But if I mark it as Nov 5th (last working date), would the PF claim be rejected because of the difference in DOE and last contribution date/month?
From India, Bengaluru
Acknowledge(0)
Amend(0)
Multiple questions here... Pardon me.
1) Is it 60 days from Dec 12th (last contribution date), i.e., Feb 10th, 2022?
2) Or 2 months from December (last contribution month), that is March 2022?
3) In either case, it's not practical to withdraw after 60 days of the last working day since we can mark DOE only later, making it almost 80-90 days.
When marking DOE
4) While the mark exit option is available, should I mark DOE as Dec 12th or later, or Nov 5th (last working date if the option to choose it is available)?
4.1) I read on a few sites mentioning it can be the relieving date if the last working date is before the 15th of a month - is that correct?
4.2) But if I mark it as Nov 5th (last working date), would the PF claim be rejected because of the difference in DOE and last contribution date/month?
From India, Bengaluru
Acknowledge(0)Amend(0)
Hello, Generally, the 60-day rule for PF withdrawal starts from the date of your resignation or last working day, not from the date of your last contribution. Therefore, if your last working day was December 12th, 2021, then the 60-day period would end on February 10th, 2022. The 60-day rule is calculated based on calendar days, not months. So, it would not be two months from your last contribution date, but rather 60 days from your last working day.
You are correct that, practically, it can take longer than 60 days to withdraw your PF. The process involves updating the Date of Exit (DOE) with your employer or the PF authorities. The DOE is typically the last working day mentioned in your resignation letter or the date of relieving if it is before the 15th of a month (as mentioned in 4.1). The exact timeline for updating the DOE can vary, so it's best to check with your employer or the PF office for the specific procedure and timeframes.
When marking the DOE while using the online PF withdrawal portal or any other relevant platform, you should enter the appropriate date. If the option to choose the last working date is available, you can select November 5th (if that was your last working day). However, it's essential to ensure that the DOE and the last contribution date/month align. If there is a significant difference between the DOE and the last contribution date/month, it may result in complications or potential rejection of your PF claim. Again, it's advisable to consult with your employer or the PF office to understand the correct procedure for marking the DOE.
From United States, Jacksonville
Acknowledge(0)Amend(0)
You are correct that, practically, it can take longer than 60 days to withdraw your PF. The process involves updating the Date of Exit (DOE) with your employer or the PF authorities. The DOE is typically the last working day mentioned in your resignation letter or the date of relieving if it is before the 15th of a month (as mentioned in 4.1). The exact timeline for updating the DOE can vary, so it's best to check with your employer or the PF office for the specific procedure and timeframes.
When marking the DOE while using the online PF withdrawal portal or any other relevant platform, you should enter the appropriate date. If the option to choose the last working date is available, you can select November 5th (if that was your last working day). However, it's essential to ensure that the DOE and the last contribution date/month align. If there is a significant difference between the DOE and the last contribution date/month, it may result in complications or potential rejection of your PF claim. Again, it's advisable to consult with your employer or the PF office to understand the correct procedure for marking the DOE.
From United States, Jacksonville
Acknowledge(0)Amend(0)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.