Confused About Provident Fund Withdrawal? Let's Discuss Your Questions Here

Hello team, I was really worried about the procedure for withdrawing my PF amount before coming to this blog. Now, I think this is the place I was looking for to solve all of my queries. Some of my queries regarding PF are as follows:

1. My contribution towards PF is INR 6069, but my employer's contribution is only INR 1857. (However, I heard that there is equal contribution by both).
2. Which forms should I fill out for the withdrawal?
3. What is the procedure to get a refund of the PF amount?
4. Is there any role of the past employer in the refund of PF?

Dear friend,

I shall reply to your queries.

1. The employer and employee have to contribute equally to EPF. However, out of the 12% of the employer's contribution, 8.33% will be allocated to the pension fund, while the remaining amount (3.67%) will be credited to EPF. This discrepancy explains the difference in these contributions.

2. For withdrawals from PF and the pension fund, Form 19 and 10C, respectively, are utilized.

3 & 4. Apply through the concerned employer.

Abbas.P.S

Dear Honeyyes,

To get withdrawal benefits from EPS, fill out Form 10C, have it endorsed by your employer, and submit it to the concerned Sub-Regional PF Office.

Abbas.P.S

During October 2012, I left a private company and was involved in my own business without any PF deductions. Then, in April 2014, I withdrew my PF and gratuity funds.

Now, I am looking to re-enter the workforce. Do I need to fill out a new PF form, or can I continue using my old PF number, which I had withdrawn completely before?

Your prompt response is appreciated.

Agreed with Abbas.

Regarding your query, please confirm whether you have completed 6 months of service or not. If not, then you cannot withdraw your EPS part. You will be eligible for the PF part only.

Regards,

Anurag Gautam
HR Professional