Can I Withdraw My EPS Funds After Leaving My Job? Seeking Guidance on Form 10c and Account Details

My name is Manish Bhasin. I worked in a private automotive giant for 5.8 years, covered under EPF & EPS. Now, after leaving the organization, I have claimed the EPF amount. However, I have not filled out the pink Form 10c, i.e., EPS-95, because my company's personnel say I am not eligible for that.

EPS Withdrawal Eligibility

My first question is whether the amount accumulated in EPS can be withdrawn by filling out the EPS-95 Form 10c separately in the Commissioner's office or not.

Finding Your EPS Account Number

One more thing: I know my EPF account number but not my EPS account number. How can I find out about that?

If your PF and EPS are managed by the EPFO, both numbers will be the same. However, for exempted trusts, this may vary. In such cases, if you know the PF number, the corresponding number can be obtained from the RPFC.

Since you have only 5.8 years of service in EPS, you are not eligible for a pension. Nevertheless, you can apply for the withdrawal benefit through Form 10C. The 5.8 years will be rounded up to 6 years, and the corresponding factor for 6 years in Table D is 6.07. Consequently, you are eligible to receive the average salary of the last twelve months multiplied by 6.07 for EPS withdrawal.

In your situation, it is recommended to apply for a scheme certificate, which is also done through Form 10C, so that this service may be combined with any future service. If there is no future service, the scheme certificate can be used for the withdrawal benefit.

Regards,
Abbas.P.S

I am Hari Rathod. I worked at Vizag Steel Plant and was covered under the EPF and EPS schemes. Now, I am working at a different company and have withdrawn my PF. Can I apply for EPS withdrawal? I am unsure if the EPS account is the same as our employee number, as VSP has its own trust.

Withdrawing EPS Accumulated Funds

If the service is less than 10 years, you can withdraw the money accumulated under EPS through Form 10C. It will be deposited in your bank account by EPFO.