11 July 2023
Dear sir. One of my client resign from service after 10 year of service. As per information company that it will take 1month time to show date of exit in pf portal. While checking in employees login such details not showing. They further says that the made exit in PF it will take 1 month to reflect in pf portal and 2 month time for withdrawal from money from pf. Iets me know is this is correct? And exit from service update employer or employee. My friend says that employee can update exit from service. Please advise
11 July 2023
No, this is not correct. If your service period is more than 10 years, you cannot withdraw the EPS amount. You can fill the Composite Claim Form along with the Form 10C to get the scheme certificate. Pension will be paid to you after attaining the age of 58 years.