EPF Withdrawal - Employee share or Employer share or both are payable?

As mentioned in the EPF passbook, there are two amounts: 1. Employee Share and 2. Employer Share. So, at the time of PF withdrawal, what amount should be claimed? Is it the Employee share, the Employer share, or both that are payable? Additionally, could you share your valuable knowledge regarding the Gratuity amount, such as how and when to apply to withdraw this amount?

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Regarding PF withdrawal, you can claim both the Employee Share and the Employer Share. For Gratuity, you are eligible to withdraw this amount after completing five years of continuous service with an organization. You can apply for Gratuity through your employer upon resignation, retirement, or termination.

Hi Richa,

When an employee can apply for his final EPF withdrawal, he is eligible to claim both the employee and employer shares.

For gratuity: According to the law, an organization has to pay gratuity to an employee who has served continuously for at least 5 years. For each year of service, the organization has to pay an amount equal to 15 days of the last drawn salary. Salary here means basic salary plus dearness allowance plus commission if the commission is a fixed percentage of sales. Additionally, if a person works for over 6 months in the last year of service, it will be considered as a complete year for gratuity calculation. For example, if a person completes 7 years and 6 months of continuous service, the gratuity paid will be for 8 years.

For gratuity calculations, a month of work is calculated as 26 days. Therefore, the 15-day salary will be calculated as (monthly salary * 15) / 26. This number, multiplied by the number of years in service, will be the gratuity amount payable.

Dear Pradeep,

I had applied for the Provident Fund (P.F.) amount from my last organization. I received the amount credited within 5 days. However, I only received the employee's share amount. What should I do to claim the employer's share amount?

Thank you.

Hi Richa,

You can receive payment in two installments from the EPFO department, one against Form-19 and the second against Form-10C. So, wait for some days; maybe you can receive the second installment.

Okay. Thank you so much for the guidance.

Dear Sir and Madam,

I need details about Form 22 for the annual return.

Hi Pradeep,

In my old organization, the employer's share is split up into 2 types: one is the employer's share, and the other is the pension contribution. Can I withdraw both shares after I am relieved from this organization?

Hi Sir/Madam,

For the past 3 years, I have worked in 3 organizations and merged my previous employers with the current one. I tried withdrawing the money from the last 2 organizations and received the employee share but not the Employer or PF share. I need assistance in withdrawing my Employer and PF Share.

Please let me know whether it can be done through online mode or offline mode and what procedures need to be followed to withdraw the past organizations' employer and PF share.

Thanks and Regards,

Swathi Lakshmi S

Chennai, India