hello dear seniors, i am vinaya kumar, i want a clarification in PF. one person working in a company for last 3 years, now he wants go an another company so now he can apply for his PF Money or not.. pl explain what is the age limit to get PF and how to get PF... thank you.
vinaya kumar
9840363865
From India, Madras
20vinaya kumar
9840363865
From India, Madras
Dear Vinay,
The employee is eligible to withdraw his EPF amount, untill he is retired from the job. there are two form 10c & form 19 for EPF and EPS withdrawal.
Since, in your case he has worked for 3 years, he is eligible for EPF only. Submit the duly filled froms along with his bank details to your regional office. It will be settled within 45 days. Best advice him to trasfer his PF account in so that in long run he can get the pension benefit.
Regards,
SIDMAN
From India, Madras
The employee is eligible to withdraw his EPF amount, untill he is retired from the job. there are two form 10c & form 19 for EPF and EPS withdrawal.
Since, in your case he has worked for 3 years, he is eligible for EPF only. Submit the duly filled froms along with his bank details to your regional office. It will be settled within 45 days. Best advice him to trasfer his PF account in so that in long run he can get the pension benefit.
Regards,
SIDMAN
From India, Madras
Dear Mr. Vinay,
I would like to clarify ( by point wise. )
1. He can eligible for withdrawal his PF
2. We need to take form 10C & form 19 from the employee.
3. The management has to be forward to concerned (EPF Office).
4. If the management refuses to forward the application, then also he may get PF with different approach.
5. No age limit for withdrawn the PF amount.
Tirupathi Reddi
09346586652
From India, Secunderabad
I would like to clarify ( by point wise. )
1. He can eligible for withdrawal his PF
2. We need to take form 10C & form 19 from the employee.
3. The management has to be forward to concerned (EPF Office).
4. If the management refuses to forward the application, then also he may get PF with different approach.
5. No age limit for withdrawn the PF amount.
Tirupathi Reddi
09346586652
From India, Secunderabad
Dear Vinay,
If PF is there in the new concern ask him to transfer the account to his new PF account.
Or
If he wants his money, he can withdraw through Form 19 & 10C (EPF & EPS). since he has completed only 3 yrs, he can withdraw his full amount .
Regards
Sreekumar.N
Chennai
From India, Madras
If PF is there in the new concern ask him to transfer the account to his new PF account.
Or
If he wants his money, he can withdraw through Form 19 & 10C (EPF & EPS). since he has completed only 3 yrs, he can withdraw his full amount .
Regards
Sreekumar.N
Chennai
From India, Madras
Dear Mr. Ramesh,
These are the feature of the Gratuity
1. One should work for Minimum 5 years in a organization.
2.If employee dies during the employment, no minimum period of service is not required.
3. Normally the company will calculate 15 days wage for every completed years on basic + DA.
It is social security benefit provided by the employer towards the employee's loyalty and hardship.
From India, Madras
These are the feature of the Gratuity
1. One should work for Minimum 5 years in a organization.
2.If employee dies during the employment, no minimum period of service is not required.
3. Normally the company will calculate 15 days wage for every completed years on basic + DA.
It is social security benefit provided by the employer towards the employee's loyalty and hardship.
From India, Madras
Dear,
There is no limit for withdrawing PF.
Employee can get is PF due incase of sepration of job only however he can get loan if he completed 5 yrs in the employement.
For withdrawing PF you need fill form -19 and form-10C and get sing on form by authorized person under PF and in 45 days your PF due will come to your bank via cheque.
I hope you understood.
Sudhir
From India, Delhi
There is no limit for withdrawing PF.
Employee can get is PF due incase of sepration of job only however he can get loan if he completed 5 yrs in the employement.
For withdrawing PF you need fill form -19 and form-10C and get sing on form by authorized person under PF and in 45 days your PF due will come to your bank via cheque.
I hope you understood.
Sudhir
From India, Delhi
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