How can i apply for epf after resigning from my current job

Labour & Industrial 409 views 2 replies

I am 26 year Old working in a Priviate IT Sector company since March 2016. The last compny deduct PF amount from my salary and I have 6 months PF there. But now in my new company there is no deduction for EPF, So, I want to release my complete 6 month PF amonut and my questions are.

  1. Is it possible to get full PF amount before age of retirement?
  2. If yes, than how can I apply and what document and procedure I have to follow.

Please help me in this because I am very confuse in this.

Thanks in Advace.

Rahul.

Replies (2)

at  present the you can withdraw the employee  contribution +  3.77 precent of  employer contribution by filing form 19 ,  

8.33 percent  is locked and available to employee only  when he /she  atains 58 of age, ( 10C is  suspended  w.e.f. july  2016) 

if  new  company is covered under  PF  then  ask them to cover you, and deduct,  this way you can transfer the old balance  to new company, non deduction does not means exempted always, it may be that your salary scale is above 15000 and it  can be optional.

 

Don't rush for PF withdraw.  it's your saving for future. No one can pull it from you.

 

Yes you can apply for the same.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register