Dear Seniors,
Greetings!!
I've certain queries related to EPF and EPS. I'm stating them below. Would be great help if you revert asap.
1. An employee works for more than 10yrs in an organisation and after that joins another organisation. Employee's age is less than 58yrs. He withdraws his entire PF amount but cannot withdraw Pension. In the other organisation, the employer opens a new epf account for him. So what about his Pension Scheme as upon completion of 10yrs, an employee becomes eligible for pension at the age of 58yrs? There is also a question in Form 11 (Revised): Were you a member of Employee Pension Scheme, 1995? So, it should be Yes or No.
Please revert asap.
Thanks in advance.
Best Regards,
Insiya.
Greetings!!
I've certain queries related to EPF and EPS. I'm stating them below. Would be great help if you revert asap.
1. An employee works for more than 10yrs in an organisation and after that joins another organisation. Employee's age is less than 58yrs. He withdraws his entire PF amount but cannot withdraw Pension. In the other organisation, the employer opens a new epf account for him. So what about his Pension Scheme as upon completion of 10yrs, an employee becomes eligible for pension at the age of 58yrs? There is also a question in Form 11 (Revised): Were you a member of Employee Pension Scheme, 1995? So, it should be Yes or No.
Please revert asap.
Thanks in advance.
Best Regards,
Insiya.