P.F. REFUND.

singh shyam
Respected Seniors,
Will i be eligible to withdraw and get 100% share of PF amount accumulated in my PF account after putting almost three of service in facility management company in pune. Please advice me with the proper procedure also. Thanks in advance. Please guide me on this issue.
Regards
Singh.
abbasiti
Dear Singh,
If you relieved from the service, you are eligible to withdraw 100% accumulation in PF.
Abbas.P.S
singh shyam
Dear Mr Abbas.P.S.
Sir,
Thanks a lot for giving a reply on my query . If you could, please define this 100 % share. What are the bifurcation of accumulated P.F amount ? How P.F authorities calculate interest of accumulated funds.
Thanks once again for the time taken out to answer my query.
Regards
Singh Shyam.
abbasiti
Dear Singh Shyam,
Employee share of 12% will be credited to PF account. Out of employer share of 12%, 8.33% upto a ceiling of Rs.541 will be paid to pension fund and balance also will be credited to PF account. Interest will be accrued on annual basis.
Apart from the PF, withdrawal benefit from Pension fund also possible. Apply in form-10C. If you wish to add the service with future services, you may apply for scheme certificate. For the same also form-10C is used.
Abbas.P.S
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