Dear HR friends,
It has been informed by the PF authorities that there will be no interest for accumulated funds but not withdrawn/transferred for last 3 years accounts - wef April 2011.
So, we can inform this to our ex-employees to either withdraw the accumulations or got transferred to their present employer's account - on good faith.
From India, Madras
63It has been informed by the PF authorities that there will be no interest for accumulated funds but not withdrawn/transferred for last 3 years accounts - wef April 2011.
So, we can inform this to our ex-employees to either withdraw the accumulations or got transferred to their present employer's account - on good faith.
From India, Madras
Yes, Sir, please do it. It will be great community service. Please tell your employees to either get thier old PF accounts closed or transferred to the present employer. Also tell them that transfer would be more better than closer as they get the benefits of continuation of their past service which will ulitimately affect their pension claim at the last.
From India, Pune
From India, Pune
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PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf
Provident fund.zip
PROVIDENT FUND.rar