HI All
Our organisation employees wanted to withdraw entire PF amt including the FPF amt. but they are going to complete their 10yrs service. My Querry is ;
a) Can employee withdraw his entire PF amt while working in same organisation with new PF number, without any break?
b) if not, then under what clause/section it is mentioned ?
c) We have aware them benefits of FPS & also offer them for advance under form no.31 but still they did'nt want to continue their contribution with Employee pension fund? How to cope up with this situation ?
R.K Katri
Our organisation employees wanted to withdraw entire PF amt including the FPF amt. but they are going to complete their 10yrs service. My Querry is ;
a) Can employee withdraw his entire PF amt while working in same organisation with new PF number, without any break?
b) if not, then under what clause/section it is mentioned ?
c) We have aware them benefits of FPS & also offer them for advance under form no.31 but still they did'nt want to continue their contribution with Employee pension fund? How to cope up with this situation ?
R.K Katri