Navigating PF Account Decisions: Should I Withdraw or Transfer During My Job Gap?

Hi Seniors,

I have worked in a company on a contract basis. After 1.2 years, I got released from the company. After that, I was planning to do a course which will take around 4 months. So, what should I need to do with my PF account? If, suppose, there is a delay in getting another job, am I able to transfer that account to a new company? What should be the maximum gap? Whether I need to follow any procedure right now? Please guide me as I don't have any idea?

Thanks in advance.

Dear Gupta,

What was your date of joining and date of leaving? You can apply for EPF and EPS in Form 19 and Form 10C. If your employer verified the KYC with UAN Number, then you can apply by filling Form 19UAN and Form 10C UAN and get the money credited to your account within 7 days.

A PF account has no validity as such. The money is yours to keep until it is withdrawn by you.

They will pay interest on inactive accounts for a three-year period. After that, you don't get interest, but the amount credited stays yours.

Dear Boss,

Thank you for your valuable reply. My joining date was 30-Sep-14, and my leaving date was 20-Nov-15. If I want to withdraw the amount, which amount will I get? In my PF account, it's like this: employee share = 20101, employer share = 6153, and pension contribution is 13609.

Thanks