I have a confusion regarding EPF - Pension.
If an employee has worked for 10+ years in an organization and he is a pension holder now. He has withdrawn his PF amount, and EPF is moved to a pension scheme. Now he has started working in a new company, and a new PF account is opened.
My questions are:
What needs to be done for the pension from the previous organization?
Can he transfer his pension amount to the new PF account?
Can he be eligible for 2 pensions?
Kindly suggest.
If an employee has worked for 10+ years in an organization and he is a pension holder now. He has withdrawn his PF amount, and EPF is moved to a pension scheme. Now he has started working in a new company, and a new PF account is opened.
My questions are:
What needs to be done for the pension from the previous organization?
Can he transfer his pension amount to the new PF account?
Can he be eligible for 2 pensions?
Kindly suggest.