We have an EPF member who left service in 2011 but has now rejoined us. What is the procedure to deduct his EPF? Can I deduct his EPF from his old account, or do we need to create a new EPF account and transfer his old balance? Is it possible to transfer his old EPF account to a new EPF account within the same establishment?
Thank you.
From India, Howrah
Acknowledge(0)
Amend(0)
Thank you.
From India, Howrah
Acknowledge(0)Amend(0)
You need to create a new EPF account for the employee, and the old one needs to be withdrawn by the employee. However, there is no clarity on whether the employee was employed anywhere before joining your organization and if employed, then whether he has the EPF account with the previous employer or not. The EPFO has started giving UAN to all employees whose PF was submitted from Jan 14 to Jun 14. If he had a PF account with the previous employer, then he might have received the UAN number, and if this is the case, you don't need to open a new account with EPFO; instead, you can continue with the UAN.
If any more clarity is required, please write to me at [Email Removed For Privacy Reasons].
Regards,
Mitesh Bhatt
From India, Mumbai
Acknowledge(0)Amend(0)
If any more clarity is required, please write to me at [Email Removed For Privacy Reasons].
Regards,
Mitesh Bhatt
From India, Mumbai
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Introduction Of One Employee One EPF Account Facility.pdf
One emp one EPF Account.docx