Hi Team, I have some doubts regarding PF. I had worked with a private MNC company from 12th April 2007 and left the company on 24th December 2014. Since the time I was employed, PF was being deducted. When I went to download the Member Passbook at http://uanmembers.epfoservices.in/, I saw a few details:
- Employees' share
- Employers' share
- Pension Contribution
As I left the company, I know that I will be able to withdraw Employees' Share and Employers' Share, but what about Pension Contribution? Employees' Share contribution was 12%, and an equal contribution was made by Employers' Share. However, out of Employers' Share, only 30% is categorized under Employers' Share, and the remaining 70% is listed under Pension Contribution.
So, how will I be able to withdraw the Pension Contribution? Please help me understand how to proceed further.
From India, Mumbai
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- Employees' share
- Employers' share
- Pension Contribution
As I left the company, I know that I will be able to withdraw Employees' Share and Employers' Share, but what about Pension Contribution? Employees' Share contribution was 12%, and an equal contribution was made by Employers' Share. However, out of Employers' Share, only 30% is categorized under Employers' Share, and the remaining 70% is listed under Pension Contribution.
So, how will I be able to withdraw the Pension Contribution? Please help me understand how to proceed further.
From India, Mumbai
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Ranjan,
First, you have not mentioned whether you are currently employed or not, and if you are employed, whether your establishment deposits your PF at the respective PFO. Secondly, you have not specified your age and your total experience.
With the UAN allotment, you probably would not be able to withdraw your PF emoluments now if you take up a job elsewhere (in any establishment which remits your PF to the respective PFO anywhere in India). The portability element will curtail the withdrawal since the PFO can track all PF contributions made to you at any of the PF Offices in India.
However, if you are not working now or have not taken up a job in such an establishment which deducts PF, then you may be able to apply for PF & Pension withdrawal by submitting form 19 & 10C along with your previous employer. They will, in turn, submit the same along with 3A (duly signed by the authorized company personnel) to the PFO where the account for your establishment would have been maintained. You may also have to attach a canceled check & a self-acknowledged PAN copy along with 19 & 10C.
Once your last employer submits these documents, the PFO gives an acknowledgment for the submission. You should ask your employer to send you a copy of this acknowledgment slip (which will have your PF number mentioned duly stamped by the PFO where your forms would have been submitted). In case there are no errors or issues with your signature(s), the PFO should be able to settle your claim within 30 days (as per what the Central PFB has published very proudly in the last few articles regarding the performance of the PF Offices in India after the Modi Govt. has taken over). You will be able to keep track of the status of your claim by going to the EPFO (Govt. of India) website and clicking on "Know your claim status." Kindly ensure that you write your mobile number on the top of the form so that you receive the status of your claim on your mobile. So, in case your form is rejected and sent back by the PFO to your employer, you would get the claim rejection message on your cell and accordingly, you can take the needful action by contacting your employer.
I hope these details will serve the purpose. Let me know if you have any further queries.
Good luck,
Abhijit
From India, Mumbai
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38First, you have not mentioned whether you are currently employed or not, and if you are employed, whether your establishment deposits your PF at the respective PFO. Secondly, you have not specified your age and your total experience.
With the UAN allotment, you probably would not be able to withdraw your PF emoluments now if you take up a job elsewhere (in any establishment which remits your PF to the respective PFO anywhere in India). The portability element will curtail the withdrawal since the PFO can track all PF contributions made to you at any of the PF Offices in India.
However, if you are not working now or have not taken up a job in such an establishment which deducts PF, then you may be able to apply for PF & Pension withdrawal by submitting form 19 & 10C along with your previous employer. They will, in turn, submit the same along with 3A (duly signed by the authorized company personnel) to the PFO where the account for your establishment would have been maintained. You may also have to attach a canceled check & a self-acknowledged PAN copy along with 19 & 10C.
Once your last employer submits these documents, the PFO gives an acknowledgment for the submission. You should ask your employer to send you a copy of this acknowledgment slip (which will have your PF number mentioned duly stamped by the PFO where your forms would have been submitted). In case there are no errors or issues with your signature(s), the PFO should be able to settle your claim within 30 days (as per what the Central PFB has published very proudly in the last few articles regarding the performance of the PF Offices in India after the Modi Govt. has taken over). You will be able to keep track of the status of your claim by going to the EPFO (Govt. of India) website and clicking on "Know your claim status." Kindly ensure that you write your mobile number on the top of the form so that you receive the status of your claim on your mobile. So, in case your form is rejected and sent back by the PFO to your employer, you would get the claim rejection message on your cell and accordingly, you can take the needful action by contacting your employer.
I hope these details will serve the purpose. Let me know if you have any further queries.
Good luck,
Abhijit
From India, Mumbai
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PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf