Dear members,
I have one query about the eligibility of an employee in case of withdrawal of the pension fund under EPS 1995. According to me, if an employee has not rendered service for six months or more, he is not eligible for the pension amount standing against his name under the EPS scheme.
Thanks & Regards,
C.M. Mohla
From India, Delhi
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15I have one query about the eligibility of an employee in case of withdrawal of the pension fund under EPS 1995. According to me, if an employee has not rendered service for six months or more, he is not eligible for the pension amount standing against his name under the EPS scheme.
Thanks & Regards,
C.M. Mohla
From India, Delhi
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He is elible but he can not withdraw the same but can transfer to new account ( Afterall it is his own money)
From India, Pune
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From India, Pune
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Why the question on 6 months' service? For pension, a minimum of 10 years' service is required. For withdrawal benefits, a minimum of 6 months should be there. If it is below 6 months, there is no option other than adding it to future service.
Abbas.P.S
From India, Bangalore
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Abbas.P.S
From India, Bangalore
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Hi seniors,
What is the eligibility to withdraw the PF amount? One of the sister concern companies is having its employees transferred to our company, referred to as Company B. Since the service will be continued, I just want to know if the employees' PF can be withdrawn. If not, why?
Alice
From India, Bangalore
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What is the eligibility to withdraw the PF amount? One of the sister concern companies is having its employees transferred to our company, referred to as Company B. Since the service will be continued, I just want to know if the employees' PF can be withdrawn. If not, why?
Alice
From India, Bangalore
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Employee Pension Scheme, 1995.doc
Form10C.PDF for Employee Pension Scheme 1995.PDF