sachin.jakkaria
Dear Friends,
I was working with Pvt. sector bank for around 5 years, which have their own PF Trust. I have moved out of that bank and was unemployed for almost 1 month. Due to I applied for PF withdrawal. I got the PF amount from my previous employee.
After 1 month I joined another pvt. bank, which also have their own PF trust.
I would like understand, whether I can apply for EPS Scheme Certificate even my previous employee have having his PF trust.
And also share procedure in order to claim the same with pvt PF trust. And how to ensure that it is getting considered with new employee.
When I google to seek the information I got form 10-C which I have attached.
Kindly guide.
Regards,
Sachin

From United States
Attached Files (Download Requires Membership)
File Type: pdf Form10C.PDF for Employee Pension Scheme 1995.PDF (828.6 KB, 3867 views)

korgaonkar k a
2556

Dear Sachin ji,
You need to submit Form 10C to RPFC thr' your past employer for scheme certificate. You can do it now if it is not done earlier.
The scheme certificate on receiving it you need to submit it thr' your present employer to your RPFC who is maintaining your current pension account.
My apprehension since you settled your PF account of earlier employment wrongfully by giving false declaration. You said you joined the next employment after one month.
If you joined your next employment with in 2 months time then you were not entitled to settled you PF account but to transfer it to new employment account. If it is so and noticed by your employer/s and or RPFC, you will be in trouble.
I heard recently EPFO asked some members to deposit the amount received by them wrongfully as you received, with interest thereon.

From India, Mumbai
sachin.jakkaria
Thanks Mr. Keshav providing me details regarding Form 10-C.
Suppose if I would have opted for EPF transfer from my previous employer to current employer, in that what need to be done. Do we still need to get certificate from my previous employer to current employer of it get automatically consider under form 13.
Regards,
Sachin.

From United States
korgaonkar k a
2556

Dear Sachin ji,
When one apply for transfer of his PF account by submitting form 13, both EPF and Pesion accounts transfers to transferee account. There is no scheme certificate.
When one settles his EPF account he has an option either to settle his Pension account or have a scheme certificate.
Settlement of Pension account may be as under:
1. Taking withdrawal benefit if pensionable service is less than 10 years.
2. Taking monthly pension if pensionable service is more than 10 years and completes 50 years of age.
Once a member goes for monthly pension, he can not become a member of pension scheme again in his next employment. In such case both his shares go to EPF account only.
Hope your query is answered.

From India, Mumbai
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