If he is leaving the organization before completing 9 years and six months, he can withdraw the pension fund contributions made by the employer. That is, in order to be eligible for a pension, one should have a minimum service of 10 years. 9 years and 6 months would be rounded off to 10 years. Therefore, if he quits and withdraws the accumulations before that period, he can withdraw the entire amount.
From India, Kannur
Acknowledge(0)
Amend(0)
4526From India, Kannur
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.