Dear Seniors, I have a few questions regarding the above-mentioned subject:
1. Our company has hired a new employee whose PF account is under a PF Trust. My company is registered under 'Abad RPFC. What is the procedure to transfer the PF account from the PF Trust to RPFC 'Abad?
2. How do we transfer the funds accumulated in the PF Trust to the RPFC?
3. Which form should be filled out? Is it Form-13?
Thank you.
From India, Mumbai
1. Our company has hired a new employee whose PF account is under a PF Trust. My company is registered under 'Abad RPFC. What is the procedure to transfer the PF account from the PF Trust to RPFC 'Abad?
2. How do we transfer the funds accumulated in the PF Trust to the RPFC?
3. Which form should be filled out? Is it Form-13?
Thank you.
From India, Mumbai
The same form 13 can be used. It shall be addressed to PF Trust with a copy to RPFC for transferring the service details under the Pension scheme to the new account. Madhu.T.K
From India, Kannur
From India, Kannur
The process of transferring the accumulated PF and pension fund from an un-exempted organization to an exempted organization is the same, and the responsibility lies with its new employer. The transfer form no. 13 (revised) needs to be addressed to the PF Trust for transferring funds to its new RPFC account.
Regards,
Janardan
From India, Mumbai
Regards,
Janardan
From India, Mumbai
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.
CiteHR.AI
(Fact Checked)-The information provided in the user reply is accurate. (1 Acknowledge point)