What Happens to My EPF and Pension if I Don't Withdraw After 1.6 Years of Unemployment?

Hi team,

I had quit my job and it's been 1.6 years now. I have done nothing with respect to my EPF account. What would happen if I am not withdrawing my PF amount and the pension amount? Will there be any deductions if I don't withdraw the amount? Is there any limit to the withdrawal period? Kindly suggest the best choice. Note: I am not in need of liquid cash.

Dear sir,

How long can we keep the PF account as non-operative? Will interest be payable in my account during this non-operative period? My PF is kept in a Trust.

Thank you.

Earlier, after 36 months, it became non-operative, and interest was also not added. Now, it changes; interest will be payable. So, transfer the non-operative amount into the current account (UAN).

In my opinion, either transfer it into the current account or, if not planning to remain an employee in the future, then withdraw it.

Inoperative Account Definition and Interest Policy

As per the amendment in November 2016, the definition of an inoperative account has changed. All accounts will receive interest except for inoperative accounts.

In-operative Account

From the date the amount is due for payment, if three years pass without the amount being withdrawn from EPFO or EPF Trust, the account will be treated as an inoperative account. For example, if a member retires at the age of 58 years and does not withdraw the PF amount, they will continue to earn interest up to age 61. After that, the amount will be transferred to an inoperative account, and no further interest will be earned. The account will remain in the EPF account until the age of 68 years, after which the amount will be transferred to the SCWF (Senior Citizen Welfare Fund). In the event of the member's death, the account will become inoperative three years after the date of death.

Thanks,
Vidyadhar Bhat