Dear sir,

I am finding difficulty while filling Form 10C. I would like to have your guidance on the same. Please let me know about the following details:

1. I want the company to transfer the pension amount to my bank account. Do I have to fill the ADVANCE STAMP RECEIPT section on page 3? If yes, what should I mention in "Received a sum of Rs_ _ _"?

2. What should I mention in point no. 12 [Are you availing pension under EPS-95?]? In the same point, they have asked about PPO NO. _________________ By Whom Issued ________________ Please guide on what to be filled here.

3. Point 8 is "Are you willing to accept the scheme in lieu of withdrawal benefit?" Should I mention Yes here?

4. Do I need to stick a revenue stamp?

Thank you for your assistance.

From India, Thana
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If you want a withdrawal benefit, you have to sign on the revenue stamp affixed in the space provided. The amount will be filled in by the Employees' Provident Fund Organisation after working out the amount payable.

Since you are not already an EPF pensioner, you can write "Not" against Q. No. 12.

Q. No. 8 stands for whether you would like to collect a scheme certificate or would like to withdraw the amount. If you opt for "yes," you will not receive your pension accumulations in cash but will get a certificate called a scheme certificate from the EPFO, certifying your service and membership with PF, showing the nominees/spouse, and names of children who will be eligible to receive a pension in case of any unfortunate event happening to the member. This certificate can be surrendered when you join another employment where PF is applicable. By doing so, your past service will be added to the service you are pursuing for the purpose of pension calculation. Therefore, if you wish to withdraw the accumulation, you have to write "NO" against Q. No. 8.

Invariably, an employee who has been in service for ten years (at least 9 years and 6 months) cannot go for a withdrawal of the pension fund but has to opt for a scheme certificate only.

Regards,

Madhu.T.K

From India, Kannur
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Kind attn to madhu t.k sir, can you pls explain the concept of who will have more than 10 years experiance those can’t withdraw his pension ?
From India, Coimbatore
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For those who have 10 or more years of PF membership, Pension Fund withdrawal is not possible; they will get a pension on attaining the age of 58. Reduced pension after 50 years is also an option if the employee desires it.

Madhu.T.K

From India, Kannur
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Thank you for your valuable reply, and I have some other queries related to the same.

(i) The aforementioned statement falls under which section of the PF Act?
(ii) What is the procedure to view our PF balance? If your answer is to visit the EPFO site, I apologize as I have already tried but encountered an error. Please let me know how I can check my dad's PF balance. If needed, I can provide you with my dad's PF account number and any other details required to view the balance. I intend to check my dad's PF balance as his company is not paying the PF amount correctly.

Guide me.

Thanks in Advance.

Regards,
S. Naveen

From India, Coimbatore
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For details you may refer Employees’ Pension Scheme, 1995, in full. Determination of pension is given in scheme 12.
In order to know the status of PF balance you can meet the PRO in the PF Office from where you can get direct and updated information, if the online facility does not work. Normally, if the name with exact spelling is not given, the online will not accept but in such circumstances the conventional way of collecting the details is the remedy.
You can also get the defaulters list from the website so that you can make sure that the company has not been paying the PF.
Madhu.T.K

From India, Kannur
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