Dear Sri Kumar.S
thanks for the reply I will not submit any letter resignation not signed any settlement papers after three months they gave a cheque to me after 6months they gave LOS(loss of seperation/termination ) on that letter i please give whatever i have the dues pls give amount. and they gave certificate i worked entire 16years service certificate one more thing they deducted every month 1800 monthly pf deductions, suddenly they decided and paying now 600/- only, even pf staff is also asking how it is possible suddenly why you are less amount paying company people are not giving any answer till date.LOS/Termination orders i received a letter 3"O"clock and 6"0" relieving i am very upset still i am fighting and planning to give a complaint to pf commissioner pl give an advise.
From India, Hyderabad
thanks for the reply I will not submit any letter resignation not signed any settlement papers after three months they gave a cheque to me after 6months they gave LOS(loss of seperation/termination ) on that letter i please give whatever i have the dues pls give amount. and they gave certificate i worked entire 16years service certificate one more thing they deducted every month 1800 monthly pf deductions, suddenly they decided and paying now 600/- only, even pf staff is also asking how it is possible suddenly why you are less amount paying company people are not giving any answer till date.LOS/Termination orders i received a letter 3"O"clock and 6"0" relieving i am very upset still i am fighting and planning to give a complaint to pf commissioner pl give an advise.
From India, Hyderabad
3
Dear Sriram,
From what U've stated, I'm sure something fishy going on there.
After 16 yrs. service it is foolish to go for final settlement, instead U should have opted for transfer of your balance to the new employer with continuity by which your PF Pension should have been substantial. Without an application in the prescribed Form your pre.employer cannot process your final settlement.
Now answer my questions -
1. You got all your pre.pay slips with you where all particulars of salary, deductions incl. PF deduction also are mentioned as a proof of what amount was recovered from salary towards PF. After verification U'will know if there is any difference (plus interest can be appx. worked out) and U can arrive at a conclusion.
Alternatively pre.employer as per law should have supplied statt.of A/cs. of your PF a/c. every year to all employees showing Op.bal, your monthly subs, interest, adv.drawn if any and closing bal. If so that statements will show you clearly about your PF A/c. If it is not maintained by your employer and they remitted your PF collections to PF Commissioner's Off. then ask for proof of remittance. If not U can see your PF A/c. at the PF Commissioner's office. Try to gather such information.
2.You're now re-employed where you are covered under PF isn't. Have you given them the transfer form and your PF A/c. & Pension Fund A/c.Nos. If not do it now and ask them to process.
Let us try to salvage whatever possible.
kumar.s.
From India, Bangalore
From what U've stated, I'm sure something fishy going on there.
After 16 yrs. service it is foolish to go for final settlement, instead U should have opted for transfer of your balance to the new employer with continuity by which your PF Pension should have been substantial. Without an application in the prescribed Form your pre.employer cannot process your final settlement.
Now answer my questions -
1. You got all your pre.pay slips with you where all particulars of salary, deductions incl. PF deduction also are mentioned as a proof of what amount was recovered from salary towards PF. After verification U'will know if there is any difference (plus interest can be appx. worked out) and U can arrive at a conclusion.
Alternatively pre.employer as per law should have supplied statt.of A/cs. of your PF a/c. every year to all employees showing Op.bal, your monthly subs, interest, adv.drawn if any and closing bal. If so that statements will show you clearly about your PF A/c. If it is not maintained by your employer and they remitted your PF collections to PF Commissioner's Off. then ask for proof of remittance. If not U can see your PF A/c. at the PF Commissioner's office. Try to gather such information.
2.You're now re-employed where you are covered under PF isn't. Have you given them the transfer form and your PF A/c. & Pension Fund A/c.Nos. If not do it now and ask them to process.
Let us try to salvage whatever possible.
kumar.s.
From India, Bangalore
Dear Sandeep,
Here are a few attachments, may have to be noted for information and action if required.
Also this link: C:\Documents and Settings\Admin\My Documents\pf\Exemptions-Guidelines.htm.
With regards,
kumar.s.
From India, Bangalore
Here are a few attachments, may have to be noted for information and action if required.
Also this link: C:\Documents and Settings\Admin\My Documents\pf\Exemptions-Guidelines.htm.
With regards,
kumar.s.
From India, Bangalore
hai this is pragadees
i have doubt on PF
A person who is completed his ten years of service. so he is elgible for pension but his age 49 only.....
he is resigned his job....
my question is wheather he ill get monthly pension r not .... r he ill get pension amt after he attain 58 years of age only mean .... please tell the y its happen
From India, Kochi
i have doubt on PF
A person who is completed his ten years of service. so he is elgible for pension but his age 49 only.....
he is resigned his job....
my question is wheather he ill get monthly pension r not .... r he ill get pension amt after he attain 58 years of age only mean .... please tell the y its happen
From India, Kochi
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.
PF clarification on leave encashment.jpg
NO PF Contribution on Leave Encashment - SC judgment-Clarif ication by EPFO.pdf