Can I Cash Out My Provident Fund Scheme Certificate After Receiving It?

Hi, can anybody clarify if I can encash the scheme certificate after obtaining it?

Let me correct it as Pension and not family pension. Yes, in the event of the unfortunate death of the holder of the scheme certificate, his family will be entitled to receive a family pension.

You can (you have to) surrender the scheme certificate once you get a job with PF coverage. It is surrendered through the employer, and by doing so, your past service disclosed in the scheme certificate will be added to the present, and the pension at the age of 58 will be decided accordingly.

Regards,

Madhu.T.K

Hello All,

I worked in a company for about 13 months. After that, I relocated to the USA. I wanted to withdraw my PF. What is a scheme certificate? Now that I am in the US, I cannot even transfer it to another company as I will have no employment in India. Please help me with how to proceed.

Thank you in anticipation.