You can submit your withdrawal claim 2 months after you leave your establishment. (Be careful in interpreting my note, it's 2 months after you leave your company and not 2 months after your resignation). You would also have to sign a section in the pension withdrawal form wherein you declare that you are not employed with the establishment.
Immediate Settlement without waiting period of 2 months:
69(1)(a) Retirement after attaining 55 years of age
69(1)(b) Retirement on account of total and permanent incapacity due to bodily or mental infirmity
69(1)(c) Migration from India for permanent settlement abroad or taking employment abroad
69(1)(d) Termination of Service on retrenchment
69(1)(dd) Termination on V.R.S
For female members leaving service for the purpose of getting married; waiting period not applicable
Settlement only after a waiting period of 2 months:
69(1)(e)(i) Transfer of a non-retrenched employee from a closed establishment to an uncovered establishment
69(1)(e)(ii) Transfer of a non-retrenched employee from a closed establishment to an uncovered establishment under the same employer
69(1)(e)(iii) Members discharged & retrenchment compensation paid under I.D. Act 1947
69(2) Other cases viz. Resignation, Leaving service, etc.
Once you are relieved from the company, only after 2 months can you withdraw PF provided you don't have any job during these 2 months. If the new organization has PF, you can transfer your PF amount instead of withdrawing. I hope I have clarified your query. If you have any doubts, please let me know.
After 60 days of leaving the current organization, you can withdraw the EPF. You have to fill out 2 withdrawal forms (Form No. 19 & 10 C), bring 2 revenue stamps, and provide 1 cancelled cheque from your active account. Then, visit your last company for further formalities.
You can lodge your claim for PF withdrawal immediately after resignation, i.e., Form No. 10C and 19, to your previous employer for their endorsement and submission to the concerned PF office for its necessary proceedings.
Learned members have told you how and by when you should withdraw your PF. However, my suggestion would be not to withdraw PF balances. Instead, transfer them to your new company and continue to save in PF, which is a tax-efficient instrument. Small drops of savings will eventually create a larger ocean of savings for every employed person. Resist the temptation to withdraw. This is just a piece of advice.
Please guide me on how I can claim my PF after resigning when the employer has not yet given acceptance. I left my previous company 2 months ago, and I am currently awaiting my settlement with my previous employer.
You can apply for the PF Application form 19 along with form 10C. Form 10C needs to be filled if your service is less than 9.5 years. If your service is 9 and a half years or more, then there is no need to fill out form 10C. Basically, form 10C is used for the pension contribution fund along with form 19. You can submit the above forms to your PF Office after 60 days from your resignation.
Thank you,
Mukesh
8193943031
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