Regarding Pf Withdrawal [Thread 391139]

Respected sir/mam
pls tell me a employee who worked one or two month can he get the pf amount if he can tell me the rule .

Dear Mukesh,
you can apply form 19.
The employee will get 12% of his share and 3.67% of the employer share. 8.33% of pension fund will not be given unless he completes minimum 6 months.
Better you can transfer the PF account so that you don't lose your employer share of 8.33%.

Dear Sir,
You will get the P.F.amount after submission of claim Form.
Better to get it transfer to present account.
D.Gurumurthy
HR/IR Consultant

Dear Member,
First tell us whether that gentleman was admitted to PF. Though the statute says that the new recruit automatically becomes eligible for PF from day one, many establishments do not fill up PF forms and also do not deduct PF contribution from first salary. If there was deduction of PF subscription and company contribution, he is eligible for withdrawal or transfer which is more beneficial than withdrawal.