11 July 2012
please check your name , dob account number in form10c or below 6 months its not withdrawn In order to get withdrawal benefit of Pension Fund contribution the employee should have worked and contributed at least for six months. This is because for Pension calculations, any period over six months is taken as one year and less than six months is ignored. When that benefit is available to the employees, why should two months' contribution be taken very seriously. This applies to Pension Fund contribution of 8.33% of Rs 6500 only and the amount contributed by the employee @ 12% and the employer's contribution to Provident Fund @ 3.67% is available to the employee for withdrawal.
CAclubindia
