Understanding PF Withdrawal vs. Scheme Certificate: What Should an Employee Do After Resignation?

ashokmbahr
Employee Resignation and PF Withdrawal Process

Now, one employee has resigned from his job due to personal problems. Maybe he will join a new company or start his own business. So, should he withdraw all PF and pension amounts, or is it compulsory to obtain a scheme certificate for him? In PF Form No-10c and No-8, the column says, "Are you willing to accept a scheme certificate in lieu of withdrawal benefit?" Can you explain if it is compulsory to obtain a scheme certificate?

After resignation, when do we have to submit his Form No-19 and No-10c to the PF office? What is the procedure, please explain.

Thanks & Regards,
Ashok K
Prashant B Ingawale
Unless the service is more than 10 years, the Scheme Certificate is not mandatory. Duly fill out Form 19 and 10C, and submit them to the respective regional office.

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