PF Settlement - Life Insurance

PF sattlement
I was join ING VYSYA Life Insurance co. ltd. on dated 01/05/07 & regien on dated 07/12/07, i have submit my Pf form in ING area office in Lucknow on dated 29/11/08, & HR says to me for settlement in within 45 day & credit my PF in my account in within Max 60 days, but there is over a time, i m continue follow up to HR, but there have no reponse plz tell me prossesing of my PF Settlement
MY PF No. is KN/25113/10040
i'll wait ur rewart as soon as possible

The delay may be due to some technical problems associated with filling of the forms, form 19 and form 10 C. Please contact the Sub Regional Office of the Employees Provident Fund Organisation where your company's returns were filed. You can also get information from the website of EPFO also provided the same is updated.
Regards,
Madhu.T.K

Hi Jitendra,
Please confirm with your previous orgnisation (ING) Whether have they submitted your PF withdrawal Forms to PF office or not ?
Because, some cases, they lost the PF forms or forgot to submit it.
So, first step is that, confirmation about submission.
If yes, So, please aske them to give you the acknowledge copy of same.
On that basis, you can co-ordinate with PF department directly as well as your previous orgnisation also.
Most Important, Whenever you co-ordinate with any one, do by in written communication.
you can check your PF withdrawal status on below mentioned web address.
EPF India <link updated to site home>
Regards,
Tushar Swar

dear jitendra
mr tushar has given good suggestion ,first u confirm whether your form has been deposited thanconfirm from PF offixce for delay.
tks
j s malik

Hye Jitendra,
Nice suggestion is given by Tusar. But first confirm whether your previous employer i.e. Ing Vys has it own trust for Pf or they deposit the contribution for RPFC.
Secondly In case of transfer, the papers will be processed after 60 days and after that It takes approx 30-45 days to get settled.
Naveen

Hi,
I am MBA Students in Finance Stream.
I have project on recruitment & selection process. Can some send me PPT for the same.
Rgds,
Rakesh

Deal all
Am from chennai....
Please rectify my doubts on PF cancelation......
1. If the person joined on 1-sep-08 and releved on 12-Feb-09, should he as to fill both form 10C & 19?
2. what is the maximum days to credit the amount after submission, acc. to Law?
3. whether the employee can take the form directly to PF office for PF Cancelation?

Hello jitendra,
First u conform your old office(INGVYS)whether the form 19&10-C submitted or not ,and also you must sent inperson to sub regionl office to clarify through publice reletion officer.or concerned accounts officers.
P.SATHEESRAJA,
HR-Executive.
Coimbatore.

Hi Brother,
Please note that as per the law , employee will not receive the employer pension contribution(8.33% of basic) (related to form 10c) unless he/ she completes 6 months in the organization. So in your case he needs to fill only form 19 (Related to employer provident fund) - 3.67% of basic -- As the employee as has not completed 6 months .
Application will be filed by the company only after 2months of the employee's exit fr the org and amount will be credited 45 days after the application.
I hope things are clear now.

Dear Brother,

Good Morning

As we know very well that, once an employee have joined an any organisation and he wants to relieve the company immediately after a month and then he would be eligble for PF amount.

I read your question carefully and given the details are as follows.

1) Of course you have to fillup the form 10c and 19.

Now,the Government has decided to frame the policy for private companies as well about for the pension scheme. Before that, all of as know the pension scheme only would be followed by government sector.

10C is the purpose for pension scheme which means that, if employee has been working in the same concern for more than 10 years, then he would apply a pension scheme and get the amount accordingly. If you dont want to take this amount and its possible to transfer the same amount to the new company .

Form 19 is the purpose PF amount and that can be deducted from your salary on every month. The deducted amount the company will be paid to your PF account on 15th of everymonth (its including Employer and employee contribution. In which, certain percentage of amount would goes to your pension scheme)

2) Maximum 30 days to 45 days the amount will be transferred to your account.

3) Most of the company has assigned a seperate person and only charge for handling PF and ESI...

If your company has followed the same as above and then no need to go to PF office directly and cancel the PF number. Once the amount had been transferred then the PF number will be cancelled automatically.