Hi Team,
Looking for guidance on PF. I work with a start-up that has less than 20 members, and we are yet to start our PF account owing to this reason. I have received a request from one of our current employees asking for advice on PF transfer from his previous company. The employee has been asked to transfer/Withdraw PF from previous organization to his current PF account. Since he doesn't want to withdraw, the transfer is the only option but he is not sure where to transfer since our current organization's PF account is not yet active.
Also note that PF in his previous organization was managed by 3rd party vendor which was managed separately and wasn’t linked to his government provided UAN. He has a UAN number where all the companies PF account numbers where he has worked so far except his previous organization are listed.
Can you please guide/advise on this process. Is there an alternative to transferring his previous organization PF to one of the old PF account under UAN?
Kindly advice as to how to address this issue.
Thanks.
Looking for guidance on PF. I work with a start-up that has less than 20 members, and we are yet to start our PF account owing to this reason. I have received a request from one of our current employees asking for advice on PF transfer from his previous company. The employee has been asked to transfer/Withdraw PF from previous organization to his current PF account. Since he doesn't want to withdraw, the transfer is the only option but he is not sure where to transfer since our current organization's PF account is not yet active.
Also note that PF in his previous organization was managed by 3rd party vendor which was managed separately and wasn’t linked to his government provided UAN. He has a UAN number where all the companies PF account numbers where he has worked so far except his previous organization are listed.
Can you please guide/advise on this process. Is there an alternative to transferring his previous organization PF to one of the old PF account under UAN?
Kindly advice as to how to address this issue.
Thanks.