Why Is Form 10 C Filled

Espoir
Hi All,
Why does one need to submit form 10c at the time of exit along with form 19?
What are the repercussions if only form 19 is submitted for withdrawal..
Ruchika Sharma payroll
Form 19 is used to withdraw the PF amount and Form 10C is for withdrawal of Pension amount.
korgaonkar k a
Dear Espoir,
PF and Pension are two different schemes under EPF&MP Act. There is one more scheme called Insurance Fund. All those schemes are independent schemes administered saperately and therefore you require to fill separate forms for claims under it.
D.GURUMURTHY
If you want you can keep Pension in the account without claiming in Form 10C. It will remain in your account. At later date, it can be transferred to the latest PF Pension account. You can do like that. There is no compulsion that you have to submit form 19 and 10C both together.
abbasiti
Dear friends,
Form 10C is used for both withdrawal benefit (from pension fund) as well as Scheme Certificate. If you are not withdrawing the amount, kindly apply for scheme certificate in which the details of service/ remittance to pension fund will be recorded. Otherwise there may be difficulties in the last minute.
Abbas.P.S
rahulbhatnet1
After completion of 10 yrs service, pension is applicable to the employee as well as to verify superannuation / retirement of the employee Form 10 C is necessary to fill up. It is required to obtain Scheme Certificate against our Pension Fund accumulation...
Regards,
Rahul
Apex Management
Dear Espoir,
As the EPF, EPS (Earlier FPF) and EDLI schemes are different and independent schemes implemented and administered under Employees Provident Fund & Misc. Provisions Act, 1952 and as such different forms are required for its settlement. In the changing scenario of information and technology and implementation of KYC / UAN, all in one form either offline or online may be possible.
P K Sharma
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