Effective PF Transfer & Pension Management Strategies Across Multiple Organizations

Dear Madam/Sir,

This is my 4th organization in a 15-year tenure. So far, I haven't withdrawn my PF account from previous organizations. I have applied twice to transfer to my current PF account, but it has not been transferred. Could you please guide me on how to effectively transfer my PF account or should I apply for withdrawal? Additionally, how can I manage my pension account from previous organizations?

Thanks,
C Ganesh

Dear Mr. Ganesh,

In order to get your PF transferred, you are supposed to fill Form 13 for Transfer of your previous PF Amount to the current organization. The details needed to be furnished are only the two organizations' PF Account Nos., Name, and Address of the previous establishment. The filled form needs to be submitted to your current employer, wherein they'll coordinate with your previous organization for validation and submit the same to the PF Regional Office.

Get a copy of acknowledgment of your PF form submission from your current employer; the PF office processes the same within 2-3 months.

Would suggest not going for withdrawal; the entire process will become tedious and time-consuming since there would be 3 companies from which you'll be withdrawing your PF.

Also, to mention, the PF as well as Pension both get deposited simultaneously; however, you would not find the same mentioned in the PF slip.

While withdrawing, you need to fill up Form 19 for PF and 10 C for Pension; however, in the case of transfer, you'll just be required to fill Form 13.

Hope this answers your query.