Dear Friend,

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Best Wishes!!

Anand

Friday, April 26, 2013

All Your Questions about Employee Provident Fund - Answered!!!


In the past few articles in our blog, we had taken a detailed look at the Employee Provident Fund Scheme of India. After reading it, I am pretty sure you would have a number of questions that come up in your mind. The purpose of this article is to try to answer all those questions.

If any of your questions arent available below, please feel free to leave a comment and I would be happy to answer them...

1. Is it Compulsory for the all the employees to contribute to the Employee Provident Fund?

Yes. Anyone who is an employee of an organization that is Registered with the EPFO, has to contribute towards their respective EPF Accounts.

PS: An Employer and Employee can come to a consensus and opt not to contribute EPF if the employee's salary is above Rs. 6500/- per month. However, the employer would have to convince all other employees to agree to this because the employer cannot opt to contribute the employer portion of EPF to one employee and not do so for the rest. So, technically speaking, it is not compulsory but it is in all practical cases.

2. Can I Nominate someone to receive the proceeds of my EPF Account?

Yes. Each member has to make a nomination against their EPF Accounts, to receive the amount accumulated under it, in the event of his/her death. Usually it is the Spouse/Children for married individuals and Parents for unmarried people.

3. Can I Nominate my Brother or Sister or any of my In-Laws for my EPF Account?

No. Only Spouse, Children and Parents can be nominated as receivers of the Proceeds of our EPF Accounts.

4. Can I Nominate more than one person?

Yes. When you nominate multiple individuals, you need to mention the % share each individual must receive. If that is done, the amount will be distributed accordingly.

5. If one does not have any family, what are their options?

If an individual has no family he/she can nominate any person or persons of his choice but once they subsequently acquire a family (Marriage) such nominations become invalid. The invidual has to make fresh nominations of one or more persons belonging to his/her family.

Ex: Let us say Mr. X was brought up in an Orphanage and has no family. He finished is studies and joined ABC Private Ltd. as an employee and opened up his EPF Account. As he has no immediate family, he nominated his best friend Mr. Y against his Account. After 5 years, X fell in love with Z and eventually married her. As a result, his earlier nomination of Mr. Y became invalid and he has no choice but to nominate Z as the receiver of his EPF corpus. In future if X and Z have kids, X can include his kids too as nominees.

6. When does an employee become eligible for the employee pension scheme?

For an employee to become eligible for Pension fund, he/she completes 10 years of continuous service.

7. Does the 10 years of continuous service refer to - working in the same company?

No. 10 years of continuous service refers to keeping your EPF Account and EPS Accounts open and active for a period of at least 10 continuous years. Let us say if you switch your job from Company A after completing 7 years of service to Company B, you need to transfer your EPF and EPS Accounts to your new job. If you do so, after 3 more years, you will satisfy the 10 continuous years criteria. In case you opt to withdraw your accumulated corpus, you have to start afresh in company B and work for 10 more years to be eligible for EPS.

8. Do contract staff need to open an EPF account?

No. The EPF account is only for permanent staff of the company. Contract staff, Temporary staff and other people who arent on the permanent payroll of the company are not covered by EPF

9. Can I withdraw my EPF money anytime I want?

Yes. However, you need to satisfy a few conditions in order to be eligible for withdrawal. Read the article titled Can I Withdraw Money from My Employee Provident Fund (EPF) Account? to learn more about this.

10. Can I withdraw my EPF corpus when I resign from my Job?

Yes and No. Actually speaking it is illegal to withdraw your entire PF corpus when you switch jobs if you are going to join your new job within 2 months of resigning from your current job. Many people manage to withdraw their PF corpus when they switch jobs and join the new company immediately. Though it is possible, it is actually illegal and has to be avoided.

When you move from one job to another without taking the 2 month break as stipulated by the law, you need to get your PF Account transferred. Read the article titled Can I transfer my PF Account to my new Employer? to learn more about this.

11. Is PF Withdrawl Taxable (In case of withdrawal of the entire corpus)?

Yes and No.

If you are withdrawing your corpus after at least 5 years of continuous service, the amount received is not taxable.
If you are withdrawing your corpus before complete 5 years of continuous service, the amount received is fully taxable. The amount received will be added to your total income for the financial year and taxed according to the prevailing tax slabs.

12. How long does a usual EPF Withdrawl take?

Usually the processing time is around 2-3 weeks but in reality you will receive the money only after around 90 days. The reason is because - your previous employer cannot submit the withdrawl request until 60 days pass after your last date with them. The EPF office takes another 2-3 weeks and eventually you will get the money around the end of the 3rd month.

13. How will I receive my EPF withdrawl money?

Earlier people used to receive Postal Orders or Demand Drafts. These days people are asked to submit their bank details and the money is credited electronically (Through ECS)

14. How will I know the current accumulated EPF corpus?

Most large organizations generate EPF Account statments on a regular basis (Once a quarter or once a year) and share the same with their employees. One of my old employers in India, had an intranet website where I could login and check my running EPF corpus value on a monthly basis. Alternately you can visit your nearest EPF office and find out your EPF balance by submitting your EPF Account number along with your identity proof.

Recently, the EPFO has launched a website where people can check their balances online. Pls refer to the article titled Breaking News for EPF Account Holders in our blog for details on how to check your EPF Account balance online.

15. What is the minimum number of permanent employees an organization must have, in order to open EPF accounts for its employees?

At least 20.

16. What happens if, a company had more than 20 people and registered with EPFO but at some point in time in future, the number fell below 20?

Any establishment which has been covered under the Act once shall continue to be governed by the Act even if the number of persons employed by them at any time falls below 20.

17. Are Trainee employees covered under the EPF Act?

Yes, a trainee would be considered as an employee as per the Act but in case the trainee is an apprentice under the Apprentice’s Act then he/ she will not be considered as an employee.

18. What are the details I need to know in order to view my EPF Balance online?

You need to know your Employee Provident Fund (EPF) Account Number, Name (As per in EPF Slip/Statement) in order to use the online facility. First you need to register and then you can view the details.

19. What can I do, if my PF withdrawal or transfer request is stuck and is not getting completed?

The EPF Organization has a Grievance Redressal Mechanism in place. You can submit an online complaint and you will get a response within 30 days. Refer to the article "EPF Grievance Redressal" in our blog to learn more about how to get our grievances addressed.

20. Does the EPF Organization come under the Right To Information (RTI) Act?

Yes. All Government organizations, including the EPFO fall under the RTI Act. Refer to the article about EPFO and the RTI Act by clicking here

21. What would happen if my Employer fails to remit the EPF contribution (Both employee and employer share) after deducting it from the employees salary?

Deducting EPF from an employees salary and not remitting it to the EPFO is considered a Criminal Offense. If found, the regional PF Inspector can even arrest the employer.

22. Could the employer be punished in case the remittance of contribution by him is delayed in a Bank or post office ?

No. The Employer cannot be punished or penalized in case there is a delay in the remittance of the contribution on account of delay in Bank or post office.

23. Can I contribute more than 12% of my Basic Salary as PF?

Yes, you can. It is called "Voluntary Provident Fund or VPF". Any additional money (beyond the minimum 12%) you wish to accumulate in your EPF Account must be contributed via the VPF scheme. The money will earn the same interest as the EPF contribution and is subject to all rules and regulations that are applicable to EPF. Remember here that, any additional contribution you make will not result in an equivalent contribution from your employer. The employer's share of PF contribution will be limited to 12%

24. What is the current prevailing interest rate offered on the PF accumulations?

8.6% Compounded on an yearly basis. You can take a look at the Historic Interest Rates Offered on EPF to know how the current rates fare in comparison to history.

If you have any more queries about EPF please feel free to leave a comment in this article and I will be glad to answer them...

197 comments:

  1. Hi Anand
    My husband have worked with a firm for the last 8 yrs...nw we are claosing the pf account and withdrawing the money.so he is not eligible for the pension right? Thn what about the employers contribution to the pension scheme.will him get it?

    ReplyDelete
    Replies
    1. The amount you get from EPS is not based on contributions from your husband or the employer. It is based on last drawn basic salary and no. of years of exp.

      Read this: http://anandvijayakumar.blogspot.com/2013/03/how-much-pension-will-i-get-through.html

      Delete
    2. Dear Sir, I have worked in two companies.from 2005sep-2007 Sep and from 2009 jan to 2012 August.I have withdrawn PF from both companies.I heard that there is a contribution towards pension on a monthly basis in those periods.is there a way to claim those amounts at a later stage.Pls help. WILSON

      Delete
    3. Hi - When you withdraw your PF , the EPS pension is also withdrawn automatically.

      Delete
    4. Hi

      I have worked with a company X in 2013 . After a year I left and took my epf refund. I joined a company Y in 2014 but I was not satisfied with the industry change. I got an offer now from company Z where I have not shown my Company Y experience. How will be the PF deduction from company Z ? As I haven't closed or transferred my Pf from company Y. It's been more than a year I left company Y.

      Is it possible to have two of accounts on single pan card ?

      What best should I do ?

      Delete
    5. Since you already left Y, the old PF Acc will no longer be active. Having two active PF Accounts - will be a problem. In your case - one is active (with Z) and other inactive (with Y) so I dont think you will have any problems.

      The only problems you may have is if you want to get the money in the Y PF Acc - Y may not be too happy that you left them.

      Delete
  2. Hi Anand,

    I Have worked in a organisation for 8 years i.e May 2005 to August 2013 with a PF Account. I had taken a break for 4 months now i have joined in a company which is not registered with EPF if i work for the current company for another 2 years and join a company later with EPF and complete 10 years service as per EPF will i be eligible for Pension pls suggest my focus is on Pension.

    ReplyDelete
    Replies
    1. Anonymous - Yes, you wil be eligible for pension if your PF and EPS accounts are held active for a consolidated period of at least 10 full years. In this case, you need to get a scheme certificate from your old employer and submit the same to your new employer (who you will be joining after 2 or 3 years). Once you do that, and finish the transfer of EPF money formalities, your experience from a PF and Pension perspective will continue on from where it was left when you resigned in August 2013. And, when you retire you will be eligible for pension via the EPS Scheme if you can complete the formalities.

      Read this article about EPS: http://anandvijayakumar.blogspot.com/2013/03/how-much-pension-will-i-get-through.html

      Delete
  3. hi,
    i left my previous company in December 2013 without giving proper intimation & i didn't get any relieving order from my previous employer. at present(march 2014) i have joined in new company..is it possible to transfer my pf account to present employer without the help of previous employer? or do i need to get any signature from my previous employer for transferring of my pf account?

    ReplyDelete
    Replies
    1. Anonymous - read this article. It will answer your question

      http://anandvijayakumar.blogspot.sg/2012/10/can-i-transfer-my-pf-account-to-my-new.html

      Delete
  4. Hi Anand,

    Hope you will help me out, It's more then one year since i am trying to get my PF from my old employer. I worked in a organization from 06-Sep-07 to 07-Sep-09. Right now i am doing advance studies in bangalore and i am jobless, So i applied for the EPF through my company by sending them all doc's. But they didn't fwd the doc's to EPFO, and told me that it's under process. In Oct-13 they said the form has been rejected after taking so much follow-ups. So i sent all the documents again and they submitted the documents on Feb-28-2014, And in conformation they sent me a mail in which there was a stamp of receiving from EPFO dated 28th. And again now it's more then one month i didn't got any update regarding the EPF neither on EPF nor i got any message, So i made a query in EPFO grievance portal, In reply they are saying they haven't received any claim form. But i have the scanned receipt ( Form with the EPFO stamp) i sent them the receipt but got same reply. Now employer is saying they have submitted and EPFO is saying they haven't received it. I am in Bangalore and my EPFO is in DELHI, I am unable to understand what to do and how to the money. Hope you will help me out someway.

    Thanks & Regards,
    Shivesh Kumar

    ReplyDelete
    Replies
    1. Shivesh - First try to raise a Grievance with EPFO and submit that document with EPFO Stamp as per the steps here: http://anandvijayakumar.blogspot.sg/2013/04/can-i-get-my-epf-related-grievances.html

      If that doesnt work - use the RTI and check what is happening as per the stps here: http://anandvijayakumar.blogspot.sg/2013/04/what-options-do-i-have-if-epfo.html

      Sorry for the trouble but since it is a government department, this is how you can proceed. Alternately you can visit the delhi EPFO in person but since you cant do that, this is the best alternate. If neither of these works, then you have no choice but to visit delhi pf office to sort things out.

      Delete
    2. Thanks for the help, I will file an RTI for the same.

      Delete
  5. Hello Anand

    Hope you will help me.
    My name is Gaurav Chandra, I worked in an organization for bout 1 and a half year and had a good amount of PF. But when I left teh organization, some issues were created, due to which I was absconded and there ia a recovery amount on my name. I paid my basic salry to obtain ex xertificate. Is there a way to get my pf....i need it...or can i get it without employers intervention in any way......

    ReplyDelete
    Replies
    1. Gorav - Are you presently employed? If so, you cannot withdraw the money, you need to transfer the money in ur old pf acc to your present account.

      You will need to get in touch with our old employer to get his concurence because when you initiate the transfer their signature and approval will be required. Check out this article: http://anandvijayakumar.blogspot.sg/2012/10/can-i-transfer-my-pf-account-to-my-new.html

      There is an option in this article which you can use to get the money transferred without interference from your employer but that is only applicable if your company is closed out or shut down

      Delete
  6. I left Organization in 2008 and still I don't receive the PF ...I have filled the PF form and send to organization...even in my PAY Slip they don't give the PF number ..but PF was cut by the organization ...so what to do ???

    ReplyDelete
    Replies
    1. Try contacting your company again. If they are not cooperating try raising a grievance and if that desnt work try the RTI

      http://anandvijayakumar.blogspot.sg/2013/04/can-i-get-my-epf-related-grievances.html

      http://anandvijayakumar.blogspot.sg/2013/04/what-options-do-i-have-if-epfo.html

      Delete
  7. Thanks, I have no plans of working further,even then I can't withdraw my EPS.

    ReplyDelete
    Replies
    1. Yes, even then you cannot. You need to wait until you hit the retirement age. Read this article: http://anandvijayakumar.blogspot.com/2013/03/how-much-pension-will-i-get-through.html

      Delete
  8. Hi,

    Do we get any receipt or any kind of proof to know whether my current organisation has submitted Form 13 to EPFO office?
    My PF transfer is stuck since 2010 and not yet happened.Its not getting reflected in my E-Passbook of PF as well.

    ReplyDelete
    Replies
    1. Yes, you should get a notification. Try contacting your old office and get the details/dates of when it was submitted.

      If that doesnt work - Try raising a grievance or filing an RTI

      http://anandvijayakumar.blogspot.sg/2013/04/what-options-do-i-have-if-epfo.html

      http://anandvijayakumar.blogspot.sg/2013/04/what-options-do-i-have-if-epfo.html

      Delete
  9. hi, i left my job in 2011 but still my employer not clearing my provident fund. plz suggest me some solution on same. i had given them my signature cheque and form 11 something but still not got the any answer from them..

    ReplyDelete
    Replies
    1. Try raising a Grievance first and if that doesnt work, use the RTI.

      http://anandvijayakumar.blogspot.sg/2013/04/can-i-get-my-epf-related-grievances.html

      http://anandvijayakumar.blogspot.sg/2013/04/what-options-do-i-have-if-epfo.html

      Delete
  10. Hi Anand
    Can a PF account to be transfer in company A to Company B.....without the taking help of company A?

    ReplyDelete
    Replies
    1. It depends Rakesh. Read this article: http://anandvijayakumar.blogspot.com/2012/10/can-i-transfer-my-pf-account-to-my-new.html

      Delete
  11. Hello Anand,I submitted my PF claim back in June & have the confirmation from my previous company that it was dispatched to the epfo for processing in June.However it has been more than 3 months /90 days for my submission still have not heard anything about my money. When I check the epfo link online it says NO RECORD FOUND> , Last update I got from company is that it is under process.
    Last time I got my PF money on time exactly like in 90 days after submitted my claim from the same company like 2 yrs back. This time it is taking long time than the regular 90 days. Please help as to what I have to do apart from waiting.

    ReplyDelete
    Replies
    1. Did you get any notification that your pf withdrawal request was processed?

      Read these two articles - they can help you.

      http://anandvijayakumar.blogspot.sg/2013/04/can-i-get-my-epf-related-grievances.html

      http://anandvijayakumar.blogspot.sg/2013/04/what-options-do-i-have-if-epfo.html

      Delete
  12. Hi Anand Sir,

    First of all I would like to thank you for the excellent help you are providing to people like me.
    Please help me sir.
    Sir today i ask for my PF balance amount on EPFO website. They send me a SMS. M sharing SMS details with you here below:

    EE is Rs 11675
    ER is Rs 3265
    Total becomes Rs 11940
    As on 20-09-2014

    I joind my company on 15-09-2010 and left the job on 15-12-2013. Means i worked continuously for around 38 months. My company HR department is saying that i will receive my PF probably by this month end.

    So my question is how much total amount i will receive in my bank account?
    Will i get Rs 11940 or i will get more amount than this? Because as per my knowledge EE is equal to ER. So i should get more than Rs 11940.

    Please at least give me an approx idea of total amount i will receive in my bank account.

    I have searched Google a lot but didn't get any satisfactory answer.

    I will be really thankfull to you.

    My what's App no is: 9855303568
    It would be great if you will text me on my what's App account or if possible please just give me a miss call on my cell I will call you back myself.

    Please send me a reply mail on my I'd:
    ajaykharar@gmail.com

    Thanks and Regards:
    Ajay Goel

    ReplyDelete
    Replies
    1. Ajay - Read these 2 articles:

      http://anandvijayakumar.blogspot.sg/2013/03/employee-provident-fund-demystified.html
      http://anandvijayakumar.blogspot.sg/2013/03/how-much-pension-will-i-get-through.html

      Anand

      Delete
  13. Dear Sir,

    I have worked 20 months for a company and my EPF deducted as

    490 for 10 months, 490 x 10 = 4900
    780 for 10 months, 780 x 10 = 7800

    Total my contribution is 12700 and same amount should be employer contribution so total amount should be 2500 + Interest.

    But i got only 20500, is it the right amount..? or should i talk to my employer.



    ReplyDelete
    Replies
    1. Hi - Did you read this article? http://anandvijayakumar.blogspot.sg/2013/03/employee-provident-fund-demystified.html

      Your employer contribution does not fully go into EPF. It gets split. and only a part of it goes into your PF. Read it, i dont think the amount you got is wrong.

      Delete
  14. Hi Sir,

    I have a PF account with my previous employer and I have worked there for 2 years. Now I am working for different company and have applied for another PF account. I do not want to continue with the old PF account as I want to withdraw my PF amount. Kindly suggest if there could be any potential blocker.
    I have already submitted my PF withdrawal form with my previous employer and they have processed the request.
    I have a UAN but not activated yet.
    Kindly suggest

    ReplyDelete
    Replies
    1. Technically you are not supposed to withdraw PF from your old job when you are taking up a new job. You should be transferring your PF.

      In this case, since the request is already submitted, just wait for it to be over. If it gets rejected then the only option for you would be to transfer the pf to your new job. Not to mention - this withdrawal is fully taxable and needs to be added to your income from your current job

      Delete
  15. Sir ,
    My UAN passbook shows;Contribution : Employer Share : 74282 ,Employee Share : 43150 ,EPS 26600
    Withdrawal :Employer Share : 72722 ,Employee Share : 42673
    I have resigned from the firm with 4.6 months of service and had applied for Withdrawal on 7th July.Message for EPF process came on 20th July ,2015 and on 1st August I have received an amount of 24800 as Bulk Posting EPFO. What can this amount be ? (I am assuming to be EPS which was 26600) and by what time I can expect the second transaction ?
    Thanks !!

    ReplyDelete
    Replies
    1. Yes, it most likely is the EPS Amount. Usually if the EPS has come, the EPF should follow in the next 3-4 weeks.

      Delete
  16. Hi Sir,

    I am working in an IT company for 3.8 years and in notice period.
    I want to know it is possible to transfer EPF to my new company and Withdraw EPS
    amount. If it is possible,then please tell when will i have to submit Form 10c for EPS withdrawl,
    when i am working in same company or when i will join new company?

    Please suggest,

    ReplyDelete
    Replies
    1. Hemant - You cannot withdraw your PF or EPS when you switch jobs. You have to transfer them to your new job.

      Delete
  17. Sir,
    I am employed in a B-School as asst. professor. Our PF contribution is 12% of 15000, 1st Sept 2014 onward. It has come to our notice that within the same organisation some professors are having contributions amounting to 12% of their Basic+DA and some 12% of the statutory limit 15000. Is it legally permissible for the employer to maintain differential contribution within the same establishment? If not what is the recourse available?

    ReplyDelete
    Replies
    1. As far as I know the rule is - 12% of the basic + DA or the upper limit of 15k whichever is lower. So, if those folks basic+DA is less than 15k then it should be ok.

      and also, I dont think its fair/allowed to have differential policies where for some folks it is 12% of 15k and for the others 12% of whatever is their basic + da.

      consult a good labor lawyer and get their advise.

      Delete
  18. Hi Anand,
    I have UAN no. In case of without resigning from current company if I join new company without showing current company exp.
    Can new company caught with the dual employment pf deduction?
    Regards,
    Rohit

    ReplyDelete
    Replies
    1. Definitely Rohit. When your new employer tries to start a UAN, he will find out this double employment and you will face the consequences from both your current as well as new employers.

      Delete
  19. Hi Anand,

    In my previous company last name was mandatory, so my pf account has both the last name as well as first name, however I do not use last name and all my documents like PAN,AAdHAAR have only my first name. Will this be an issue in future ?

    ReplyDelete
    Replies
    1. Definitely Yes. The name has to match between your PF Account and the ID Proof like PAN or AAdhar. If they dont match, you may have issues in future when you try to withdraw the money. Get your name corrected everywhere to be the same.

      Delete
  20. I am in an icky situation. I have been terminated from a company due to issues with manager. Now the pf id of company is on my UAN. I want to hide this job on my cv due to potential questions. Is there a way that after we can remove the member id from UAN after PF withdrawal or before ?

    Any way around?

    ReplyDelete
    Replies
    1. Even if you were terminated, the company should follow the standard employee relieving process and close your PF Account for you (or help transfer the account to your next job)

      No, you cannot hide your UAN and nor can you withdraw the PF since you are taking up a new job. Talk to your old company, get the PF transfer initiated. For your new job, you can politely explain that you quit rather than take the terminated option and try to manage the situation. Hiding the job info may come back in future to haunt you.

      Delete
  21. Hello sir, I just tried to activate my UAN account, but when i click on get pin it says, "This mobile number is already registered for another UAN and can not be reused" I have no any clue what to do now. Please help. Thanks in advance.

    ReplyDelete
    Replies
    1. Contact your employer and ask them to file a request with the PF Office to amend the old records. Maybe someone entered the phone number wrongly or you got a recycled number which was used by someone with a PF Acc before.

      Delete
    2. Anand sir
      Kindly let me if I am allowed to claim my husband pf/epf, gratuity etc. In his absence. My husbands money is lying unclaimed. He is not around I mean not dead but he is away now my son has finished his double degree n due for marriage. Now this money will be of great help I can claim as his wife. I hv spent all my earnings on my son's education now I don't hv any money income. Please advice me

      Delete
  22. Hi Anand,
    I worked for an MNC from 2008-2012 and after that quit working.I withdrew my PF accumulated for the said period in March 2015 for our house construction purpose
    .I would like to know if the withdrawn PF amount is taxable?

    ReplyDelete
    Replies
    1. Anonymous,
      you have not mentioned the exact month/date from 2008 and 2012 for me to give you a correct answer. If your total work duration was more than 60 months, then the withdrawal is not taxable. If the work duration is less than 60 months, then the amount withdrawn is taxable

      Delete
  23. Hi Anand. My current employer is applying for form 11 new with KYC documents and will send it to EPFO. I have not yet applied PF transfer online or by submitting physical copy of form 13 to my previous employer.

    I came to know that form 11 new has replaced form 13 now for pf transfer. So will my pf money get transferred through form 11 new. Also both my pf accounts are at different states. So will it be fine.

    ReplyDelete
    Replies
    1. Prateek, I am not aware of this new form thing and hence cannot comment here. If your organization is using this form, then i believe they must have received the latest notification from EPF office (which I am searching online).

      With regards to accounts being from different states, i dont think thats an issue as long as the forms are filled correctly.

      Delete
  24. Hi,
    I had resigned my job in the month of july,2015. I completed one year at work. Would I be able to withdraw the PF amount?

    ReplyDelete
    Replies
    1. Are you going to take up a new job or will stay unemployed?

      If you are joining a new job, you cannot withdraw. You have to transfer the PF to the new job

      If you will be unemployed for at least 3 months, you can withdraw

      Delete
  25. Hello sir,

    1) I have worked for a firm for around 8.5 years, out of which 1.5 years i was at onsite, so PF contribution was not done during that time, still it would be considered as 8.5 years of service or 7 years PF point of view ?

    2) My new company does not provide PF facility, so can i withdraw only PF amount completely and continue Pension as it is in next company(which probably will provide PF) after 2-3 years? if yes, so period served(8.5 or 7 years) would be still same or counter will set to 0 for PF/Pension calculation in next company?

    3) Can i withdraw both(PF and pension) before 10 years of service, if yes, then i guess, i will get some percentage(e.g. 40%) of total pension amount instead of full. so what happens to remaining amount(60%) of pension? I will loose completely or i will get that amount in the form of pension after 58 years?

    4) After 10 years, which one, PF or pension, I can withdraw ?, I believe I can't withdraw anything PF or pension, please confirm.

    ReplyDelete
    Replies
    1. Anonymous - Answers to your Qs

      1. If PF was not contributed during that time you were onsite, it would be only counted as 7

      2. You cannot withdraw PF and continue EPS pension. You should either continue both or stop both.

      3. Yes you can withdraw PF before 10 years and you will get the full amount. In case of EPS, the amount you get is based on no. of years of service and not amount contributed.

      4. If you complete 10 years of contribution, you cannot withdraw EPS. you can only get pension after you reach retirement age

      Delete
  26. Hi Anand,

    I have a question, if you can help please.
    I am working with a company for past 9 years (August 2016 - Till Date) with PF Contribution during this time.
    Now because of Cost Cutting my company has asked me to work on contract (From September 2015) with half the salary i was getting till August 2015 with no PF contribution.
    Does this make me eligible for PF withdrawal after 2 months as there will be no PF contribution from September 2015 onwards.
    Please help. Thanks

    ReplyDelete
    Replies
    1. Yes, If there are no more contributions to the PF Account, I believe you are eligible to withdraw your PF. Talk to your employer and ask them to initiate the formalities to withdraw your PF and EPS

      Delete
  27. Sir,
    I have my name on pan card as Jiten A Kava and I have written in pf as Jitenkumar A Kava will it create problem?

    ReplyDelete
    Replies
    1. Yes, if the names dont match, you may have problems in future

      Delete
    2. Sir , as posted earlier I have given my kyc with name jiten and I will change my name on all other documents as jitenkumar but if I can't what should I do?

      Delete
    3. And what problem I have to face?

      Delete
    4. When you go to withdraw your EPF money in future, they will ask you for ID Proof. If the name in the ID Proof does not match with your PF Account name, the EPF Office will refuse/reject your request.

      Delete
  28. If an employee is working part time with two establishments at the same time and his first salary from both is below Rs.15,000 who should pay EPF share? Can both pay partly share of EPF in the same EPF account?

    ReplyDelete
    Replies
    1. Hi, Usually EPF facilities are not provided for people on part time jobs. Even if both companies are willing to offer EPF, i dont think it can be credited into the same PF Acc. This is a peculiar situation and I dont want to misguide you.

      So, better contact EPF office

      Delete
  29. Hi Anand, i need an advice regarding establishment covered by pf act. Our proprietorship firm doing the business of advertising on outdoors hoardings, such activity is not covered under schedule 1 of this act. so whether it is compulsory for us to register under pf act?? Or is it covered under schedule 1 of this act please guide me.

    ReplyDelete
    Replies
    1. Hi, I am not the right person to actually advise on organizational pf matters. Pls contact the regional EPF Office.

      Delete
  30. HI Anand i need an advice regarding establishment under pf act.

    ReplyDelete
  31. September 7, 2015 at 10:50 pm

    I need to correct the spelling for my name in UAN database , my employer suggest i should complete registration first and then go for correction. But i am hesitant to tick the box stating “all above data are correct….. “, as it could lead to complication. What should i do go for registration or go for name change first. ?

    ReplyDelete
    Replies
    1. If your account is already created - then I think you should finish the registration and then submit a request to correct the name. If your account is yet to be created and you are filling up the forms now, correct the name and then submit the request

      Delete
  32. Hi Anand,
    My wife worked with a company(exl service pvt ltd) from oct- 2009 to June 2010
    Today i went to submit form for pf withdrawal at epfo delhi...there they did not accept the form as there was no UAN.
    i then went to the employer, they said that uan had come after 2013 so they should not ask.
    I want to know can i submit even without UAN

    ReplyDelete
    Replies
    1. Hi - Is your wife presently employed? In that case you have to submit the UAN info of the current PF Account and get the money transferred into the current PF Acc.

      IF she is not working now, then I dont think she needs a UAN to get the withdrawal done

      Delete
  33. sir epf nd eps r same accout mi mins there have a one account no

    ReplyDelete
    Replies
    1. No they are not the same account. But, you will only get one account number for your EPF Account. The EPS Acc is linked to your PF Acc.

      Read this: http://anandvijayakumar.blogspot.sg/2013/03/employee-provident-fund-demystified.html

      Delete
    2. Sir if member date of birth and data of joining not recorded so how to furnish?

      Delete
    3. How do you know your Acc doesnt have this info?

      Delete
    4. Sir I recently contact to epf office epf office tell me epf office do not verify to employees signature epf office only verify to employer signature employer r verify to employees signature nd if u active ur uan ND uploaded ur kyc (adaar no or pan no with bank account no )so not needed to employer signature so I ask to epf office sir so epf office how to verify me so this time epf of tell me ur kyc verify to u so but sir u tell me epf verify to employees signature!

      Delete
    5. Sorry, I dont understand the Question. Can you use separate sentences to explain what the problem is?

      Delete
  34. Helo Sir, I left IBM in 2011 and have not applied for my EPF. Can i apply for it now ? and if Yes what is the procedure and if NO what should i do to resolve an d get my EPF . Kindly help

    ReplyDelete
    Replies
    1. Are you employed right now?

      If so, contact IBM and initiate a transfer of EPF to your current Jobs PF Acc

      IF not employed, contact IBM and initiate a withdrawal of EPF. They will be able to fill up the forms required and submit it on your behalf.

      Delete
  35. Hi Anand,

    Suppose i work in an organization for 6 years and when i move to other organization i transfer the PF from 1st organization. In the 2nd organization, if i work for 2 years and move to other organization, and if i want to withdraw PF amount from 2nd organization, will the whole PF amount(1st organization + 2nd Organization) be taxable, including the PF from 1st organization for which i had the option to withdraw without being taxed?

    ReplyDelete
    Replies
    1. No, the withdrawal wont be taxed since you did a transfer and combined have 8 years of exp

      Delete
  36. Suppose an employee who is also an epf member is fired by his boss on some grounds. The fired employee goes to court and after 3 years wins the case. Now he has to be paid the salary of all these 3 years. In this case what happens to his epf. How could the employer deposit the epf of these 3 years, or if he just needs to deposit the epf from the current month he has been rehired.

    ReplyDelete
    Replies
    1. Hi,
      If you have been awarded a back-dated pay for the past 3 years then I believe it would also include your EPF which your company would contribute in one lumpsum and deduct your contributions as well before the amount is paid out.

      But, to be sure, please consult a good labor lawyer as this is a peculiar case and only a lawyer can confirm after going through the judgment in detail.

      Thanks

      Delete
  37. Hi Anand,

    I had submitted my EFP closing form to PF office through my employer. No moved out from India for my new job, while i requested status update about my closing form with employer. Mentioned your form was rejected from PF office and asked to submit along with Form 15 G. And saying Form 15 G is new process. I like to know whether i can send this form in electronic version or need to send hard copy.

    Regards
    sathya

    ReplyDelete
    Replies
    1. Hi Sathya,
      As far as I know, the EPF Office does not accept electronic applications. It should be a hard copy

      Best
      Anand

      Delete
  38. Hi,

    I resigned a company A and joined a new company B and have received my salary for 1st month from company B with PF deducted from it. I am getting a good offer into a new company C and they want me to join immediately. My old company B has a notice period which I cant serve. Will there be any issue in my PF if i join the company C?
    Will the old PF money from company A be transferred to company B ?
    Can i just give my PF details to company C on joining ?
    Do i need to take any additional steps or documentation from company B?

    Thanks.

    ReplyDelete
    Replies
    1. Have you already initiate the transfer of EPF from A to B? If so, you have to wait until the transfer from A to B completes and then issue a fresh transfer from B to C.

      If you havent initiated the A to B transfer, issue a fresh transfer from A to C. Then you have to issue another transfer from B to C to transfer the PF that company B deducted from your 1st month salary.

      if you leave B without serving your notice period, you may have issues in getting B to sign the transfer formality papers to get your PF money transferred to C.

      Delete
    2. Hi,

      No, the transfer is not initiated.
      Is the transfer from A to B necessary if I do not resign company B?
      For how much time can the money in A be kept as is?

      Thanks.

      Delete
    3. Ideally - if you want to continue the experience in company B as part of your overall PF duration, then the transfer is required. If you go from A to C then your experience stops at company A and will resume at company C. the experience in between will not be counted.

      You can keep the money in A as long as you want but if monthly contributions are not received, the account stops earning interest plus withdrawal in future may be difficult because some companies may not be too helpful 5 or 10 years after you worked for them

      Delete
  39. Hi Anand,

    Hope you are doing well.
    I have a query related to PF account, after downloading my PF passbook today found it was last updated on 24 feb,2015 in thereare only two transactions even in my passbook my company name is having spelling mistakes,would request you to assist on the same.

    ReplyDelete
    Replies
    1. The EPF Portal is not updated real time. Usually data is uploaded once in a quarter or so. Check back every month and you should be able to see the latest updates soon. Alternately you can ask your employer for a statement.

      Reg. name - If the name is incorrect, contact your employer and submit an amendment of personal details request to correct your name.

      Delete
  40. sir nomination from 2 nd from 2 r same from i ask u because when i first join my company so this time i filling the nomination from 2 nd when i change my nominee this time i filling from 2 its possible

    ReplyDelete
    Replies
    1. Sorry I dont understand the Question. by the way, how come you have so many questions on EPF? I have had about 10+ queries from you in the past 2 months. Am surprised one person has so many EPF problems.

      Delete
    2. Sir don't mind I ask u because few days ago when I tell u sir I forgot my epf signature so if I fill up new fresh from so my problems can be solve u tell me no u submit notarized affidavit but when I tell u I mistakely doing a signature to employer position so u tell me fill up the fresh from so I am confused what I solve my epf problems

      Delete
    3. Atanu - Your first question was about forgetting your signature for which I said Affidavit. Then your question was about filling up nomination where signature was wrong so I said resubmit another nomination form. Then your question was about another form where you signed in employer place so I said resubmit another form with correct signature in correct place.

      I dont understand what the problem is.

      Is your signature correct or wrong in your EPF Account? Do you remember what your signature was?

      Can you try to explain with more clearly?

      Delete
    4. When I first fill up epf opening from so I mistakely doing a signature of wrong position so how to solve it if I fill up new from so my signatures was update ?

      Delete
    5. No. You need to inform EPF office that the signatures were wrong in the original form and then ask them what to do next.

      Delete
    6. But u tell me if I submit the fresh from so my problem is solve nd epf office accepted my from so that mins this Is liability of epf office because epf office how to accept ok leave it plz tell me solve mine this problem

      Delete
    7. 1st time when I fill up epf opening from so I mistakely doing a signature of employer position ND employer r signature of below of my signatures ND epf office accepted so if I withdrawal my epf money this time I got my epf money plz tell me how solve mine this problem plz

      Delete
    8. You are confusing the answers to different questions. For nominee change - filling form is enough. for signature change where you dont remember singature you need an affiavit to change.

      If the application was accepted and you remember the signature, to withdraw you must make the same signature again and submit withdrawal form.

      Delete
    9. I totally declared my problems when I 1st fill up epf opening from whene I joint the company 5years ago this time I EPs signatures mistakely doing a employer position ND employer signed below of my signatures but I epf signature doing a right position ND epf office accepted my from so in future I withdraw my epf and EPs money?if I face the problem so how to solve? U recently tell me submit the fresh from so I submit the fresh from so my problems is solve? If not solve so how to solve it and one question if I mistake to fill the form so epf office how to accept my form ? Plz sir tell what I do in future I get my epf nd EPs money ?

      Delete
    10. If my signatures is not available to epf office record so if I fill up the fresh from so my problem can solve I ask u because u recently tell me If I fill the fresh from with current signature so my problems is solve so plz 2nd time tell me nd in future I get my epf and EPs money not I lost my money I do not get this type problem have a solution if have a solution so tell me how to solve mine this problem because few days ago u tell me submit the fresh from with current signature plz sir help me

      Delete
    11. You dont seem to understand what I am saying.

      1. No, you cannot submit forms again and again to correct the mistakes of the earlier versions. The nomination information can be updated as many times as you want but other info like your name, signature etc - NO. NOT POSSIBLE with a New Form
      2. If you want to check the status of your account - talk to EPF office and find out info about your EPF & EPS accounts. You will be asked to verify your identity, employment and signature. If you have this info, EPF office will help you check the status of your PF Acc
      3. If you want your EPF or EPS money in the future, your account needs to be active and you need to remember the signature corresponding to your account.
      4. If you want amendment to your EPF/EPS Acc info (like signature) you first need to contact EPF office as in point no. 2 and then ask for signature amendment.

      This is as much I can suggest based on the different info you have given in your comments.

      Delete
    12. I recently contact to the epf office and epf office open my file and tell me ur one signature are available our epf documents that's enough for withdrawal epf and EPs mony because EPs r link by epf so signature r by epf position that's enough but sir my epf signature r below of mention position example:
      . signature
      . Atanu Ghosh
      so ask to epf office this signature r applicable so epf office tell me why not offcouse applicable but always u have a needed doing doing signature to above position but below is applicable sir it's right all position is applicable

      Delete
  41. Hello Anand,
    Mine is old story which is not able to get the solution for past 10 years. My PF account is KN/BN/19353/762 when I was shifted my job from Bangalore to Chennai by 2006, I had been asked to submit the PF transferring form in my new company (New PF account no: TN/49115/628 till now). After six to eight months i have checked with the present company for transferring the amount, but it has not been done. So i decided to cancel the PF account and filled the cancellation form in bangalore during 2006 december. After a month (2007 Jan) I got letter from Employers provident fund organization Bangalore, saying that my account has already been transfer to TN/49115/628. Actually it was not transferred till now and I was walking Chennai to Bangalore almost 5 to 6 times and got fed up. Finally I have taken all the relevant documents to Bangalore as one of my friend gave suggestion to get Right Act Information about the fund transfer and bank cheque number details. I got the result of saying that your account has been transferred so on so date and due to very old account they could not the trace the cheque details. Now what else I have to do to get my PF amount or due to very old account it might be lapsed? Please give me your valuable suggestion.

    ReplyDelete
    Replies
    1. File a Grievance: http://anandvijayakumar.blogspot.sg/2013/04/can-i-get-my-epf-related-grievances.html

      Best wishes.

      Delete
  42. Dear sir , what about an employee who was completed 9 years and 5 month of continuous job..and he / she left the job , he/ she become eligible for pension scheme ?....if he / she want to withdraw pf amount what will be the condition ..? he / she will get all pf amount

    ReplyDelete
    Replies
    1. See answer to your Question here: http://anandvijayakumar.blogspot.sg/2013/03/how-much-pension-will-i-get-through.html

      Delete
  43. Dear Sir,

    If a firm take pf number and fails to pay pf amount for initial 6 months, is it possible that government itself cancelled pf registration of that firm? And if not than how much penalty employer is liable to pay? And what is the procedure for the same??

    ReplyDelete
    Replies
    1. Hi,
      Sorry, I am not the best person to advise on organizational pf matters. Pls consult the EPF Office.

      Usually repeated failure to make pf contributions on behalf of employees can have significant penalties for employers.

      Delete
  44. Dear Sir,

    I registered my sole proprietor firm under epf act in April-15. I failed to pay any of the contribution till date. I haven't still received any notice from pf office. Is it possible that my registration is cancelled? If not than how much penalty I have to pay for no contribution till date? And what is the procedure for the same? Please revert I am sense of urgency.

    ReplyDelete
  45. Hello Anand,

    Thank you for helping out people with questions on pf. We really needed something like this.

    Hope you can address my inquiry.
    So, I worked with an organization for 2.5 years and then initiated a transfer request to my employer with whom I was associated with for 8 months... Now, when I check transfer status, it says 'Your request is in epfo in and out office'. I withdrew my PF for employer I was associated with for 8 months; however, transfer of PF was requested in same account since more than 90 days now and still same status. So the scenario is, I received amount accumulated for 8 months but the transferred amount in progress did not get deposited in my bank... Now that i have already withdrawn PF from the requested transfer account, what are my options?

    Any guidance is highly appreciated!

    ReplyDelete
    Replies
    1. Since you already got your money for the 8 month employment, the EPF acc would've been closed so there is no way the transfer from job A to B will be successful.

      You should now try to contact employer A to check if the transfer was completed (which i think would still be in progress) and then ask them to re-initiate a withdrawal request instead of transfer since the destination account is already closed.

      Delete
  46. Hi Anand I had applied for pf after 2 months after getting relieved from my job. I submitted my pf form on September 29th... I got a msg from my bank that I received amount of 29000 but actually my total pf amount is more than 80000. Is it possible that I will get my account in installments

    ReplyDelete
    Replies
    1. No, u will get in one shot. This amount is probably your EPS withdrawal. Wait for a few weeks and you will get the EPF too

      Delete
  47. Hey i got sms from epfho that form 10 c is received 03/10/2015 and pf is in process now how much time it will take to credit amount in my account please give me some info that will help me..

    ReplyDelete
  48. Hi Anand,
    Need a tad bit advice. Its been 8 months that I've left my previous company. I've filled the PF form in order to withdraw it. However the company hasn't deposited my PF for my last two working months. And therefore, they are not remitting my Total PF amount. What steps should I take at my end?

    ReplyDelete
    Replies
    1. You should reach out to the company and inquire about settling the pending PF payments. If they are not willing to help consult a good labor lawyer to help you out

      Delete
  49. Hi, I want to transfer my PF amount from my previous company to current company through online claim process.But in my previous employer PF account details my father's name is written as"Anil Johri" while his actual name is "Anil Kumar Johri". Will missng of middle name will cause any problem?

    ReplyDelete
  50. Sir,
    I was working in previous company for nearly three years and my payment was 7000/= .Now when claimed for the same I received Rs. 29139/= as employee share & Rs. 8194/= as employer share. I want to know is this amount is correct? If not what should be the correct amount?

    Please HELP & inform me on my ID given below.

    Thanking You.

    Anand Mallik
    (Email ID anandmallik.2008@rediffmail.com)

    ReplyDelete
    Replies
    1. Hi - Are you saying 7000 rupees was the EPF contributon every month? If so the number seems unusually low considering you worked for 3 years.

      If 7000 rupees was your basic salary, then approximately 800 rupees would have been invested on your behalf each month in which case the numbers you got seem possible.

      Delete
  51. I worked in company A for 3.5 Years, then in Company B for 4 years, Now in Company C for 3 Years.
    I got PF in Company A & C only. Since Company B is small organization, there is no PF.
    Now I have applied for transfer pf amount from company A to Company C.
    My question is what will be my services? will be treated only service of company C? What should be done for getting continuous service?

    ReplyDelete
    Replies
    1. Your continuous experience will be experience in A + experience in C. The years you spent with B before, where you had no PF acc will not be counted.

      Note: This continuous exp will be considered only after the transfer is complete from A -> C

      Delete
  52. sir my epf signature r below of mention position example:
    . signature
    . Atanu Ghosh
    so ask to epf office this signature r applicable so epf office tell me why not offcouse applicable but always u have a needed doing doing signature to above position but below is applicable sir it's right all position is applicable so my question is it is true if not so how to understood nd how to sour nd if sir I submitted the notarized affidavit so my problems can be solve

    ReplyDelete
    Replies
    1. sorry - Can you separate out the question into different sentences so I could understand better? I am not sure what is the problem here

      Delete
  53. Hi anand, I have joined in a new company last month and I have shared mu UAN number to my new employer. But when I checked today the EPF status in the UAN portal the employer name is still showing as my previous employer. The EPF amount credit by my new company also npt visible in the passbook.. How can I assure that my PF is getting credited to the old account itself..

    ReplyDelete
    Replies
    1. Hi - The EPF website is severly backlogged and there is a chance they havent updated the info reg. your transfer.

      If you are not confident, contact your employer and they can generate the statement based on the latest info/balances in your account.

      Delete
  54. sir my epf signature r below of mention position example:
    signature
    . Atanu Ghosh. but epf office accepted of my form so sir it is applicable sir I ask u because many times we r doing a signature of above position of the mention position and few times we r doing a below position of mention position so sir my question is this is applicable of epf office

    ReplyDelete
    Replies
    1. As i said multiple times before - if your form was accepted by EPF office, then your signature would be recorded. Sometimes people sign above or below the dotted line and most company usually does not make a big deal out of it.

      So what is your problem now?

      Delete
  55. Hi, Mr. Anand VijayaKumar
    First of all an excellent work you carrying out. Keep it up.

    ReplyDelete
  56. Dear friends,
    i worked before 3 years one company. i resigned my job without notice and i didn't claim my pf but now i am checking in online my pf account status now its showing It is informed that your account has already been settled with the following amounts. but they are mention different people account number its not my account number.even i dont have the account in that bank.what can i do now to get that amount please help me friends....
    Thanks advance

    ReplyDelete
    Replies
    1. Siva,
      File a complaint/Grievance with EPF office. Usually accounts that are dormant because of absconding employees are prime targets for fakers because those people would not claim them.

      File a grievance and you will get feedback from ePF office on who claimed and where it was paid

      Delete
    2. Dear anand,
      i got the all details from EPFO through Grievance .. the amount was credited to another same name as my name sivakumar near by my town i have all the details about that blackship.. how i can claim again ??? and who are doing like this??? please mail me sivakumarmeet@gmail.com

      Delete
    3. Contact the police because this looks like a case of identity theft/fraud and they can help you recover the money

      Delete
    4. k thank you mr.anand .. i will going to file case through lawyer....

      Delete
  57. Hello sir, I worked in a firm for 2 years and resigned to proceed for higher education. Till how long can I keep my PF amount unclaimed ? . Also since I am studying now, where I have to submit Form 15G ? with the firm i worked with or with the bank ?

    ReplyDelete
    Replies
    1. Firstly - you can keep the money in the EPF Account for as long as you want but the amount stops earning interest after 3 months of non-activity.

      You can submit all the forms through your previous employer while the withdrawal request is submitted. Usually the PF withdrawal is added to your annual income and then taxed. In your case, since you were only employed for 2 years and are currently a student (assuming NO income) even the full withdrawal will most likely be tax free.

      Anyways, talk to your previous employer and they can help you submit the withdrawal forms

      Delete
  58. Mr. Anand,

    From April onwards, PF deducted from my salary, but still I didn't get my PF no, when I asked about it, they are telling that my PF no was not generated.

    I would like to know whether they are paying to PF office or not.?
    In case, here after only they started paying then is there any option to pay from April to current month in my account.

    Pls reply.

    ReplyDelete
    Replies
    1. Anonymous - If your PF is being deducted since April, there is no way your PF Acc number isnt generated till now. There could be some problem with your account opening or your company is probably behind on PF payments and is delaying things.

      Ask your company for a PF Statement or if they do not cooperate, contact your nearest EPF office and provide proof of employment & epf deduction (payslip) and inquire if your account has been opened

      Delete
    2. Thanks for your prompt reply.

      Without PF account no, is there any chance to pay PF in my name to PF office.

      Here after only if they opened account in my name, is there any chance to pay PF from April onwards. Pls clarify.

      Delete
    3. Without a PF Acc number - I doubt if payment can be made. If they open the account now, they can try to backdate deposits into your account. Worst case, they have to refund the amount they deducted for PF but did not remit to the PF office

      Delete
  59. Hello Sir,
    My Question is regarding UAN. I just wanted to confirm that is there any chances by which any employer can stop generating UAN for his termed employees or else stop uploading KYC's against those termed employees to avoid duplication.

    Please reply

    ReplyDelete
    Replies
    1. What do you mean by Termed Employees? Sorry, I dont understand the Q clearly

      Delete
  60. Hi Anand, my pf claim status shows that documents received on 18th November and in process. How much time it will take to get the amount credited. Also in passbook employee share - 155860 + employer share - 92984 + pension - 29755 is mentioned in passbook. Total years is 8 years of service. How much amount I will get

    ReplyDelete
    Replies
    1. For EPF you will get the employee + employer share.

      The amount you get from EPS is not based on contributions from your husband or the employer. It is based on last drawn basic salary and no. of years of exp.

      Read this: http://anandvijayakumar.blogspot.com/2013/03/how-much-pension-will-i-get-through.html

      Delete
  61. Hi, i have purchased a retail shop/ business from the other party(employer) who was paying epf for its employees. Now that there is change in ownership and my staff are also less than twenty. Does the epf still active for me or it is closed with the old employer.

    ReplyDelete
    Replies
    1. Sandeep I am not the best person to answer on Organizational PF queries. pls consult the EPF office in your region for more info

      Delete
  62. Hi Anand

    I had my PF with a company that was running its own PF Trust. Last year, I retired from the company after 30 plus years. Here are the details -

    - I was contributing to the PF till mid 1990s.
    - after that I was transferred to US subsidiary, when my India salary stopped and so the contribution to PF also stopped in mid 1990s.
    - I have been in the US since then & I am a US Citizen and OCI (Overseas Citizen of India).
    - When I got my PF final payment last month it was much less than I expected.

    The company has given me interest on the PF balance till 2010. After 2010, for year 2011 to 2015 they did not give me interest.

    Is there any specific reason that they can stop paying me interest after 2010? I am concerned since it is a very substantial amount.

    Look forward to your advice and inputs.

    Thanks

    ReplyDelete
    Replies
    1. A PF Account stops earning interest after the monthly contributions stop. So, there is nothing we can do about it. Ideally you should've withdrawn your PF Corpus at the point where you were deputed overseas and PF contributions stopped.

      Delete
  63. Epf office recently tell me EPFO does not maintain any records/database of individual member signatures. I suggest you please verify again the reason for rejection of withdrawal claim form. However, if it is the same reason as cited by you, then I shall need a copy of withdrawal claim form and rejection letter. Sir its true

    ReplyDelete
    Replies
    1. Whats true? I dont understand. If you ask them do you have a database of signature they will say No. When you make a withdraw or transfer application they will verify signature and other documents and then approve/reject the request. Signature is just one of the reasons for rejection, name mismatch, account not having sufficient funds, there are many reasons why a request may get rejected

      Delete
  64. I ask u because recently I contact to the epf office ND when I tell of my signatures problem so epf office tell me individual members signature r not recorded to epf office record epf office only verify to ur employer signature if ur employer is certified Atanu is established of my company so u have not problem so I ask u it Is true

    ReplyDelete
    Replies
    1. I dont understand the problem. I have asked you this multiple times - how do you know if your signature has a problem? Why are you contacting EPF office saying your signature is not recorded.

      I am thoroughly confused with your situation as well. Can you elaborate clearly on what the problem is here? I feel we are talking the same thing again and again

      Delete
  65. Hi I am working in an organization since 2014 and still continuing.. They are not ready to tell my pf account number.. Is there any other way that I can find my pf number and check the balance

    ReplyDelete
    Replies
    1. Why are they not ready to tell you? 2015 is almost over and you have been working for over a year

      Delete
  66. I have withdraw my pf money with signature of bank manager after that i have seen that company not deposit his employer pf money form 10 month. How i can recover again that money plz advise me

    ReplyDelete
    Replies
    1. Please contact a good lawyer who specializes in labour laws and employment disputes. They can help you here

      Delete
  67. Sir few days ago I tell u sir I forgot my signatures so u tell me submit the notarized affidavit ND when I tell u sir if member signature not recorded to epf office record so how to furnish u tell me contact to epf office so recently I contact epf office epf office tell me individual members signature r not recorded to epf office record and epf office do not verify to employees signature epf office verify to only employer signature so member signature r not needed if ur employer certified u so ur epf money is paid out my question to u if my employer is certified me so problem can be solve?

    ReplyDelete
    Replies
    1. I have already answered your Q so am not sure what more you expect. If the EPF office is saying there is no problem, then there is no problem.

      Delete
  68. after 8 years of working in the same organization can i go head & withdraw the PF amount ???

    ReplyDelete
    Replies
    1. Depends on why you want to withdraw. What is the reason?

      Delete
  69. Dear sir, I want to increase my epf deduction from my salary. Plz tell me the max. %age that I can deduct.

    ReplyDelete
    Replies
    1. EPF Deduction is always a fixed % of your salary and cannot change. you can sign up for VPF (Voluntary Provident Fund) where you can choose to add more contribution to your PF ACc. Talk to your HR or Finance Department - they can help you with it.

      Delete
  70. Hello Sir,
    My first que. is that after eligible for pension after retirement. how much amount i can get as pension? as it on monthly basis or yearly? What process i have to do for the same? Is there requirement of last employer for this process?
    And second que. is that if i left last job but not completed 10 years job and if i want to get eligible for pension, can i direct deposit pf amount till completion of 10 years? Without under any employer hence no continue job?

    ReplyDelete
    Replies
    1. Read this to know more about the EPS Scheme: http://anandvijayakumar.blogspot.sg/2013/03/how-much-pension-will-i-get-through.html

      Answers:
      1. It will be monthly. When you retire after serving at least 10 years, the Pension starts after the forms are submitted
      2. No, you cannot do contribution from yourself. You can transfer the EPF Account that did not complete 10 years to your new job and combined finish 10 years to be eligible for EPS

      Delete
  71. HI, my firm has 0 PF contributing member & I need to file return. How do I do it?

    ReplyDelete
    Replies
    1. I am not the best person to comment on organizational EPF matters. Pls consult a good chartered accountant or the EPF office for guidance

      Delete
  72. Hello sir,
    I have completed 6 years of service with same employer, still working. When I checked my pf passbook, I could see pf contributions are made for 1st, 3rd, 4th, 5th and 6th year, but contribution is missing for complete 2nd year. When I checked with epfo, they told me that my employer has not deposited money to my pf account for 1 year. I have informed the same to my hr dept, i am not getting satisfactory answers from them. Have you come across such situations? Will this be considered as a gap if I have to opt for tax free withdrawal after 5 years since the pf is missing for 2nd year? What can be done to get my 1 year missing pf with the interest for 4 year?

    ReplyDelete
    Replies
    1. Hi, please consult a good labour lawyer for advise. Employers cannot just stop EPF contributions and let employees lose out on money or interest.

      Yes, the missed 1 year will not count as experience towards the 5 years continuous service clause.

      Delete
  73. Hi, I quit my job from X company after working for about a year in 2014, I joined y company thereafter. I did not withraw my PF or transfer the account the new company. The HR in the new company asked me to write in the joining form that I had withdrawn my PF and got me a new account.
    I quit this new company in 2015, i was not given my relieving letter.
    I want to know
    1)I still havn't withdrwn the PF money from my earlier company, can I withdraw it anytime or is there a time frame??
    2)what if I don't want to withdraw the PF amount( it's around 1.5yrs after i quit my first company, and 10 months after I quit the second job, Iam currently unemployed)what happens to the amount??
    3)my 2nd company had opened a new PF account, can I withdraw money from both the EPF accounts??

    ReplyDelete
    Replies
    1. 1. you can withdraw anytime but the longer you wait, the more difficult it will be to get your employer to cooperate
      2. If you dont withdraw, the money just stays in the account but does not earn any interest
      3. Yes, you can withdraw from both accounts

      Delete
  74. Sir My claim application rejected and reason for that slightly change in PAN card Name and pf account Name how can I will be resolved?

    ReplyDelete
    Replies
    1. You need to first submit an application to amend your name in the EPF Acc to match your PAN card and then resubmit the claim

      Delete
  75. Hi Sir,

    My friend worked for a company for 2 yrs and resigned job for pursuing higher studies.
    Query here is :
    She is in a diff country. Will the interest be credited to the PF account, until she withdraws the PF

    ReplyDelete
    Replies
    1. No, interest stops when monthly contributions stop.

      Delete
  76. Hi,

    I have worked for 6 years in same organization and changing organzation. I can track PF transfer and balance.
    But how to apply for EPS account transfer and Track it.
    What documents i should collect from old organization before leaving it.

    Please suggest. Thanks

    ReplyDelete
    Replies
    1. Usually when EPF gets transferred, EPS gets continued too. So, dont worry

      Delete
  77. Hai
    I am working in a company for 5 years and now i left. I am to join another company after 3 months. i would like to withdraw my PF amount. if i did not withdraw my pension amount, will the service considered when i join the next concern.?

    ReplyDelete
    Replies
    1. You cannot withdraw just PF and continue EPS. They are both related. You can either transfer both to the new job or withdraw both when you leave the current job

      Delete
  78. Hello sir,

    We know that normally epf take 2 to 3 wks to transfer funds to account. But my question is that, How many more days will it take from the moment I received the processing message.

    ReplyDelete
  79. I worked in an organisation in 2012 for 6 month's; I had my PF account with them; for 6 months money was getting deposited in my pf account. Due to some disputes I left the job & was unemployed till mid 2013, in mid 2013 I got job on contract basis where there was no PF.

    My query is that since from 2013 to till date (2+ years) there was no contribution to PF account. Is this account still active, can I withdraw the money now & close this account or shall let the money go. Can I open a new PF account if I join some other company (Govt or Pvt) ?

    ReplyDelete
    Replies
    1. No the account will not be active

      If you are employed now, then you cannot withdraw the pf money from that account. You have to transfer that to your current pf account

      If you are not employed right now, then you can withdraw that money and also open a new pf account when you join a new job that also gives PF

      Delete
  80. Hi Anand,

    I have a query regarding my PF withdrawal. I have submitted all necessary documents required for PF withdrawal with my previous employer.

    Today i noticed an error which i never realized. While my first name is correctly updated in UAN Portal i saw that my SURNAME was updated incorrectly. As in my surname is Pujari as per PAN CARD/BANK Cheque Book, however in UAN its updated as POOJARY.

    While the pronunciation is same however the spelling differs. Will my application get rejected?

    I had submitted cancelled cheque with the application which bears surname as PUJARI.

    Please assist.

    Also suggest what can i do to get it rectified?

    ReplyDelete
    Replies
    1. Most probably the request would get rejected due to the name mismatch. You can contact EPF office and request for an amendment of personal details first and then resubmit the request again

      Delete
  81. Dear Anand,
    Firstly my compliments for sharing so much of much needed and scarcely available information helping so many people !!!!
    further even I do have some queries that are listed below, hoping to get your support and reply for these.
    I have been working since 1989 but PF contribution was from employment since 1995. I have registered on the EPF menbers portal and have listed all these employment tenures. I have worked in some companies as below:
    Brief of my history
    Company A: Oct 1995 to Dec 1997, I have the PF number but could not get the SOA (Statement of Account) from EPF Portal. PF Office Delhi South.
    Company B: Since Dec 1997 to Nov 2004, I have the PF number but could not get the SOA from EPF Portal. PF Office Delhi South.
    Company C: Since Nov 2004 to May 2006, I have the PF Number but could not get the SOA from EPF Portal. PF Office BG BNG Bangalore.
    Company D; Since June 2006 to Nov 2010, I Have the PF Number and SOA, PF Office BG BNG, but the name spelled is incorrect due to south Indian accent (it is mentioned as ARAVIND instead of ARVIND).
    Company E: Mar 2011 to May 2011 it was acquired by Company F below. I have initiated online transfer from Company E to Company F.
    Company F: May 2011 to Oct 2012. I have the PF number and SOA for both company E & F from EPF portal.
    I am not employed with any company since 2012 and working as an independant consultant till date.

    1) for my employments with Company A, B & C how can I get the SOA as it not available online on EPFO portal.
    2) How to get the name corrected and changed for Company D.
    3) I have the DOJ & DOL for all these companies but I am not sure what is mentioned in the EPF records. how important is this information while filling various forms. the reason for asking this is, for Company F my DOL is 31 Oct 2012 but since my final settlement happened in the month of June 2012 the final contribution was made then and the DOL should be June 2013 in EPFO records.
    4) I was interested in Pension hence I inquired at EPFO office and I was told to get all the contributions accumulated under my last employers PF account for which I also have got the UAN generated online after leaving the JOB. I intend to withdraw the money after accumulation. please suggest how can I and should I get all the contributions accumulated with the above given situation or withdraw by submitting separate withdrawal forms. Will looking for pension, make sense in this situation.
    Reagrds,
    Arvind Arora

    ReplyDelete
    Replies
    1. Answers to your Questions:

      1. You can contact the respective EPF Offices to get the SOA. I dont think the EPF Website would have data going so far back

      2. Contact the EPF Office with correct Name proof (Passport, voters ID etc) and request for a name correction. They should have the forms required to amend your name.

      3. The Date you joined or left the company is important because the company would have only remitted your EPF contribution for that duration. Even if your formalities were finalized 3 or 6 months after your last working day, the company wouldnt have deposited EPF for that duration. so, it doesnt matter.

      4. Pension (EPS) is only possible if your EPF accounts were continuously transferred to the subsequent employers PF Account. Based on your query it looks like you did not Transfer or Withdraw your EPF when you switched jobs - is that correct?

      IF so, yes you have to first file a transfer request to get all of the old PF Accounts transferred to your last job and then you will be eligible for pension since you were contributing EPF for more than 10 years.

      Here I see two problems:
      1. Your old employer may not be too willing to help because you left them long back and no longer an employee
      2. You cannot get your pension now. You have to wait until you cross retirement age

      Note: A PF Account stops earning interest once you stop contributing each month. So, for the accounts that were for your jobs in the late 1990's it wouldnt have earned any interest till date.

      Delete
  82. whether others ( salary component) also included in pf contribution

    ReplyDelete
    Replies
    1. As far as I know - its only basic + dearness allowance

      Delete
  83. Hi Anand,

    I have applied for PF withdrawl. It got approved and when I check status it is showing as below

    STATUS for Member ID: KDMAL00415050000025227



    Claim ID : KDMAL151200038600
    Status : Claim Form 19 for PF Settlement AGAINST Member Account No (KDMAL00415050000025227) has been settled. Payment sent through NEFT.

    Claim ID : KDMAL151200038607
    Status : Claim Form 10C for Withdrawal Benefit AGAINST Member Account No (KDMAL00415050000025227) has been settled. Payment sent through NEFT.

    But till now it is not credited into my account. Usually how many days it will take to credit after approval.

    Please let me know, what further actions I need to perform.

    Thanks,
    Manjunath BN

    ReplyDelete
    Replies
    1. It usually takes 2-3 weeks for money to reach your account

      Delete
  84. Hello Anand,
    Could you please help me to understand doubt ?
    I work for company "x" which is india .They have deputed me to Malaysia as a contractor to company "y" .I am not receiving any salary from India in turn no EPF. Through company "y" I am receiving my salary. According to company "y" they cannot pay me EPF according to Malaysia contractor policy.
    So is it mandatory that Indian company "X" should release me the EPF as I am permanent employee of that company ?
    Or Is it still ok to have a employment without EPF ?

    Thank You,
    Abhijeet


    ReplyDelete
    Replies
    1. Usually EPF is only paid out by a company when they are paying your salary. If you are getting salary from company Y instead of X, i dont think X will contribute EPF

      Delete

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