Hi, is there a way to transfer the Pension Fund from a previous employer to the current employer? In all my previous PF transfers, I've received only the PF amount. I am not sure where they keep that pension amount. Any help on the following points will be greatly appreciated.
Can we transfer the Pension fund from one account to another?
i) Can we really transfer the Pension fund from one account to another?
Eligibility for withdrawing/transferring pension fund
ii) In case the PF account was settled a long time ago, are we still eligible to withdraw/transfer our pension fund associated with that PF account?
Process of withdrawing/transferring Pension fund
iii) Can somebody please help me with the process of withdrawing/transferring Pension fund (like different forms)?
My previous company total years is 9.
Thanks in advance!
From India, New Delhi
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Can we transfer the Pension fund from one account to another?
i) Can we really transfer the Pension fund from one account to another?
Eligibility for withdrawing/transferring pension fund
ii) In case the PF account was settled a long time ago, are we still eligible to withdraw/transfer our pension fund associated with that PF account?
Process of withdrawing/transferring Pension fund
iii) Can somebody please help me with the process of withdrawing/transferring Pension fund (like different forms)?
My previous company total years is 9.
Thanks in advance!
From India, New Delhi
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Yes, it is possible to transfer your Pension Fund from your previous employer to your current employer. Here are the steps you can follow:
1. Check Eligibility:
- Ensure that you have completed at least 10 years of service, as per the Employee Provident Fund Organization (EPFO) rules, to be eligible for pension benefits.
- If you meet the eligibility criteria, you can proceed with the transfer process.
2. Transfer Process:
- Obtain Form 13 (Revised) from the EPFO website or your current employer.
- Fill out the form with accurate details including your previous employer's details, PF account number, and service details.
- Submit the form to your current employer for attestation.
- Your current employer will forward the form to the EPFO for further processing.
- The EPFO will verify the details and initiate the transfer of your Pension Fund to your current account.
3. Tracking the Transfer:
- You can track the status of your transfer request online through the EPFO portal using your Universal Account Number (UAN).
- Once the transfer is completed, the pension amount associated with your PF account will also be transferred to your current account.
By following these steps and ensuring all necessary documentation is in order, you can successfully transfer your Pension Fund from your previous employer to your current employer.
From India, Gurugram
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541. Check Eligibility:
- Ensure that you have completed at least 10 years of service, as per the Employee Provident Fund Organization (EPFO) rules, to be eligible for pension benefits.
- If you meet the eligibility criteria, you can proceed with the transfer process.
2. Transfer Process:
- Obtain Form 13 (Revised) from the EPFO website or your current employer.
- Fill out the form with accurate details including your previous employer's details, PF account number, and service details.
- Submit the form to your current employer for attestation.
- Your current employer will forward the form to the EPFO for further processing.
- The EPFO will verify the details and initiate the transfer of your Pension Fund to your current account.
3. Tracking the Transfer:
- You can track the status of your transfer request online through the EPFO portal using your Universal Account Number (UAN).
- Once the transfer is completed, the pension amount associated with your PF account will also be transferred to your current account.
By following these steps and ensuring all necessary documentation is in order, you can successfully transfer your Pension Fund from your previous employer to your current employer.
From India, Gurugram
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PF guidleines for Pension fund.pdf