Retirement age of Employee working still in the Company,he/she Withdrawa the full PF Amount while in service

Phani Sekhar.Tjota
Retirement age of Employee working still in the Company,he/she Withdrawa the full PF Amount while in service.
Aniket Pathak
I wouldn't have believed you but, same case has occurred in our organization too. I am still wondering how this happened even the PF account of that employee is still active.
Request Seniors to put some light on the same.
Aniket Pathak
I even inquired in PF office they said this can not happen.
sureshpv2
while filling withdrawal form, employee declaring that he retired, so he will get benefit. employer has to stop the contribution before that and do exit.
Venkata Vamsi Krishna Patnaik
Dear Phani/Aniket,
Ask the employee to withdraw the amount and convert his pay into consolidated pay without EPF contributions immediately.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute