Respected senior members of the forum and HR personnel,
I have a specific query regarding PF Transfer. I searched the forum but did not find answer for this.
I have worked for Company A from 2010 to 2014 and then joined company B and applied for PF Transfer online. the transfer process completed successfully, so I know how the transfer process works. Both these companies maintained the PF accounts with RPFO.
Now, very recently (Few days back), in 2015, I have joined company C and they are maintaining their PF accounts in internal exempted trust. I haven't yet applied for PF transfer from B to C. I can initiate it after couple of months. That's not the issue.
The issue is - I am not liking the new job, i.e, company C and planning to find some other opportunity and quit soon and move to a potential future employer D.
Now, my concern / query is:
1) If I leave C and join D in next 2-3 months, before transferring PF from B to C, will I need to transfer PF from B to C first and then from C to D?
Or can I transfer PF accounts of both B and C to D together with two separate transfer requests? Will this be an issue.
2) Since company C is maintained PF Trust, I think they may not help in the transfer from B to C if I leave them before doing so.
3) Is there any difference in the way EPS is transferred from/to the PF account maintained in exempted trust?
Please help.
Regards
sd
I have a specific query regarding PF Transfer. I searched the forum but did not find answer for this.
I have worked for Company A from 2010 to 2014 and then joined company B and applied for PF Transfer online. the transfer process completed successfully, so I know how the transfer process works. Both these companies maintained the PF accounts with RPFO.
Now, very recently (Few days back), in 2015, I have joined company C and they are maintaining their PF accounts in internal exempted trust. I haven't yet applied for PF transfer from B to C. I can initiate it after couple of months. That's not the issue.
The issue is - I am not liking the new job, i.e, company C and planning to find some other opportunity and quit soon and move to a potential future employer D.
Now, my concern / query is:
1) If I leave C and join D in next 2-3 months, before transferring PF from B to C, will I need to transfer PF from B to C first and then from C to D?
Or can I transfer PF accounts of both B and C to D together with two separate transfer requests? Will this be an issue.
2) Since company C is maintained PF Trust, I think they may not help in the transfer from B to C if I leave them before doing so.
3) Is there any difference in the way EPS is transferred from/to the PF account maintained in exempted trust?
Please help.
Regards
sd