My friend resigned on April 2nd. May 2nd is the last working day. His form was submitted on July 13, 2012 (60 days from the relieving date as stated by HR). HR personnel are stating that the time period for crediting PF (Provident Fund) into the account is still 60 to 90 days. He has requested them to credit it at an earlier date. They responded by saying that they are providing a free service to ex-employees by handling the PF matter and that employees should take care of their PF withdrawal issues on their own. Is this true? However, one thing to note is that they are causing delays in the process. Additionally, HR staff mentioned that the PF officials are confused about Annexure K. He has not secured a new job yet. According to them, does Annexure K come into play in this situation? I have heard that Annexure K is necessary for transferring PF funds from one account to a new one. Also, when he tries to check the status of his PF application on the EPFindia site, it shows "your application is rejected and is being sent to the address mentioned by you."
Is HR Responsible for Handling PF of Ex-Employees?
Is it mandatory for HR personnel to handle the PF of ex-employees? If so, please provide a text from the PF Act that supports this.
Clarification Needed
Can you also clarify the above doubts for me?
Thank you.
Is HR Responsible for Handling PF of Ex-Employees?
Is it mandatory for HR personnel to handle the PF of ex-employees? If so, please provide a text from the PF Act that supports this.
Clarification Needed
Can you also clarify the above doubts for me?
Thank you.