Dear all,
1. I left my job during June 2004 and opted for the FPF scheme as I was eligible.
2. I withdrew my EPF amount and obtained a Pension certificate against FPF.
3. The Pension comes into effect upon attaining 58 years of age.
4. In the meantime, I was reemployed on June 16, 2005, after a one-year gap. I again became a PF member in the new company.
5. I have now left the new company after working for 4 years.
6. Can I add these 4 years of service to my FPF scheme? I have not yet withdrawn my money. As my basic salary at the new company is higher than at the old company, can I get a revised pension amount calculated so that my pension amount will be higher due to the increase in the period of service as well as the basic salary?
7. I sought clarification from some consultants but could not get a proper reply. You know how helpful our Government officers can be.
8. If anybody is aware of any provisions in the EPF Act for surrendering a pension and getting a new one, I believe there is a provision for this.
Regards,
Ravindra (Bangalore)
1. I left my job during June 2004 and opted for the FPF scheme as I was eligible.
2. I withdrew my EPF amount and obtained a Pension certificate against FPF.
3. The Pension comes into effect upon attaining 58 years of age.
4. In the meantime, I was reemployed on June 16, 2005, after a one-year gap. I again became a PF member in the new company.
5. I have now left the new company after working for 4 years.
6. Can I add these 4 years of service to my FPF scheme? I have not yet withdrawn my money. As my basic salary at the new company is higher than at the old company, can I get a revised pension amount calculated so that my pension amount will be higher due to the increase in the period of service as well as the basic salary?
7. I sought clarification from some consultants but could not get a proper reply. You know how helpful our Government officers can be.
8. If anybody is aware of any provisions in the EPF Act for surrendering a pension and getting a new one, I believe there is a provision for this.
Regards,
Ravindra (Bangalore)