Hi,
All of us work in some company or the other and most of us change companies every 2 to 3 years. Have we ever noticed that we are loosing a lot of money or we are unaware that we are loosing money in some form or the other
1) Employee contribution to EPF 12%
2) Employer contribution to EPF 12%
Now the employer contribution is divided into 2 sections, PF & Pension
For e.g.
I am working in company A for 2 years and shift to company B, and I do not carry over my EPF number to company B and take out my PF, do we know what happens to out Pension money. This is our money and we do not know how to take it out or what to do with it
I do not know it my self, I want anyone to answer this questions for me
1) What is my Pension account number
2) When I move to company B then I will have a new EPF account number and the old EPF number will will closed as I will withdraw my PF
3) Can I move or link my Pension account to my company B EPF number so that I am sure that my Pension money is still safe
We all are free to post anything which makes sense and which will help us all
Thanks
bangaloreguy
From India, Bangalore
All of us work in some company or the other and most of us change companies every 2 to 3 years. Have we ever noticed that we are loosing a lot of money or we are unaware that we are loosing money in some form or the other
1) Employee contribution to EPF 12%
2) Employer contribution to EPF 12%
Now the employer contribution is divided into 2 sections, PF & Pension
For e.g.
I am working in company A for 2 years and shift to company B, and I do not carry over my EPF number to company B and take out my PF, do we know what happens to out Pension money. This is our money and we do not know how to take it out or what to do with it
I do not know it my self, I want anyone to answer this questions for me
1) What is my Pension account number
2) When I move to company B then I will have a new EPF account number and the old EPF number will will closed as I will withdraw my PF
3) Can I move or link my Pension account to my company B EPF number so that I am sure that my Pension money is still safe
We all are free to post anything which makes sense and which will help us all
Thanks
bangaloreguy
From India, Bangalore
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EPF-Provident-F und-Calculator. xlsx
Provident fund.zip
PROVIDENT FUND.rar