I was employed in a company X for 10 years and resigned on 25/1/2011 . I had 3 months notice period and was asked by the company not to antttend office for these 3 months notice period. I did not attend office till 25/4 /2011 in company X The company X paid me salary including depositing my PF to EPFO till end of notice period - 25/4/2011. Meanwhile i picked up another employment - company Y and joined them on 10/4 /2011. Company Y also had PF and paid my PF amount to EPFO from 11/4/2011 Company X and Y have paid EPFO for 15 days overlap. I claimed Company X EPFO full amount in July 2011 which was paid I have now claimed Company Y EPFO amount ( due to my retirement ) from EPFO Please advise of EPFO can object to this 15 days overlap ( dual payment of PF and apparent dual income ) .
From India
From India
Hi Partner,
As you had been able to withdraw the PF amount from company X, I presume this PF account may not have been linked to your UAN, and that the exit date with the EPFO records had been updated as 25-4-2011 by company X.
So, with the PF account for company Y being different and in all probability being inked to your UAN and Aadhaar details, from what I see there shouldn't be an issue for your claim from company Y.
If my recollection is correct, it was sometime in the second half of 2014, that UAN linking of PF became mandatory. If this situation of having 2 PF accounts of 2 companies at the same time had occurred in 2014, then there would have been a problem, because UAN linking of PF accounts with overlapping durations would not have been possible.
From India, Bengaluru
61As you had been able to withdraw the PF amount from company X, I presume this PF account may not have been linked to your UAN, and that the exit date with the EPFO records had been updated as 25-4-2011 by company X.
So, with the PF account for company Y being different and in all probability being inked to your UAN and Aadhaar details, from what I see there shouldn't be an issue for your claim from company Y.
If my recollection is correct, it was sometime in the second half of 2014, that UAN linking of PF became mandatory. If this situation of having 2 PF accounts of 2 companies at the same time had occurred in 2014, then there would have been a problem, because UAN linking of PF accounts with overlapping durations would not have been possible.
From India, Bengaluru
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Enforcement of negative covenants in employment terms.pdf