Struggling with PF Transfer Issues? Seeking Guidance on Overcoming Roadblocks and Discrepancies

Hello all, please help me understand the PF transfer process and its possible roadblocks.

My history is as follows:

- I worked with Wipro between March 2007 and January 2015 and withdrew the PF amount from their trust in mid-2015.
- From January 2015 till August 2021, I worked for IBM. In September 2021, IBM spun off one of their divisions and formed a new organization called Kyndryl, where I became an employee.
- While PF transfer from IBM to Kyndryl occurred for most employees, it did not happen for me.
- I left Kyndryl in July 2022 and am currently not employed by any organization.
- Despite multiple attempts, online transfer requests were rejected by the PF office, instructing me to initiate the transfer from my previous organizations. After raising a grievance, I learned that I needed to transfer the PF from Wipro to Kyndryl first (even though I had withdrawn the amount) and then from IBM to Kyndryl.
- Successfully transferring zero rupees from Wipro to Kyndryl, I initiated another transfer request from IBM to Kyndryl. However, this request was rejected due to EPS contributions being merged with the employer's share and a discrepancy in my father's name.

I am seeking guidance on navigating the PF transfer process efficiently as I have financial plans dependent on this amount. Thank you.

Suresh, the process of transferring PF accumulations can indeed be complex, especially when faced with historical contributions and mergers like in your case. To address the roadblocks you encountered, consider the following steps:

Understanding the PF Transfer Process and Addressing Roadblocks:

1. Correcting Discrepancies: To resolve the rejection related to EPS contributions and the father's name mismatch, you may need to rectify these errors at the respective PF offices. Contact the PF authorities for guidance on the necessary steps to correct these discrepancies.

2. Sequential Transfer: Since you successfully transferred funds from Wipro to Kyndryl, it's vital to ensure all previous transfers are completed before initiating the next one. Follow the correct sequence of transfers as advised by the PF office to avoid rejections.

3. Documentation Verification: Ensure all your personal details, especially related to your father's name, match across all your previous employment records. Any discrepancies can lead to rejections during the transfer process.

4. PF Office Assistance: Reach out to the PF office handling the transfer requests for personalized assistance. They can provide specific guidance on resolving issues and expediting the transfer process.

5. Tracking and Follow-Up: Regularly monitor the status of your transfer requests through the online portal and follow up with the PF office for any updates or additional actions required from your end.

6. Financial Planning: While navigating the transfer process, consider alternative short-term financial plans to accommodate any delays in accessing your PF amount. Consult with a financial advisor to explore options for managing your finances during this period.

By following these steps and seeking assistance from the PF authorities, you can navigate the PF transfer process more effectively and address the roadblocks you encountered.