Hi, this is a query on pension fund transfer/withdrawal. My total experience is 9 years. I joined my current organization around 2 years ago, and this is my third company. After joining this organization, I initiated the EPF transfer request from my previous organizations to the current one, and the amount got transferred successfully. However, my E-passbook on the EPFO (Govt. of India) site shows only the provident fund (EPF) has been transferred.
Query on Pension Fund Transfer and Withdrawal
1. Is it possible to transfer the pension fund from the previous organization to the current one? If yes, then what is the procedure?
2. Is it compulsory to withdraw the pension fund when I change the company? If yes, then what is the procedure for withdrawal?
Thanks,
Vipin
From United States, Dallas
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Query on Pension Fund Transfer and Withdrawal
1. Is it possible to transfer the pension fund from the previous organization to the current one? If yes, then what is the procedure?
2. Is it compulsory to withdraw the pension fund when I change the company? If yes, then what is the procedure for withdrawal?
Thanks,
Vipin
From United States, Dallas
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You can transfer your a/c to new PF a/c No by submitting Form 19 to the previous RPFC.You cannot withdraw it as you have more than 10 yrs membership. Varghese Mathew 09961266966
From India, Thiruvananthapuram
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931From India, Thiruvananthapuram
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Hi Thanks for your reply. But isn’t it form 19 is for provident fund transfer? My query is on pension fund. Also my total experience is 9years. So can I make a withdraw?
From United States, Dallas
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From United States, Dallas
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By transferring the provident fund pension account, the funds will also get transferred. There is no prescribed form for the transfer of the pension fund. It was my mistake to mention Form 19; the correct form is Form 13.
Regards,
Varghese Mathew
From India, Thiruvananthapuram
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Regards,
Varghese Mathew
From India, Thiruvananthapuram
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Steps for Online EPF Transfer.pdf
EPF Pension.xls