I have a friend who is a Foreign national, (South Korean) I am mentioning country because India has treaty with some countries where PF can be transferred to Foreign National's country.
He worked for an India Company for about two years, company made regular contributions to his PF and FPF.
He has resigned and gone back to his own country. How can he claim the amount contributed towards PF and FPF.
Experts and experienced seniors please help.
From India, New Delhi
12He worked for an India Company for about two years, company made regular contributions to his PF and FPF.
He has resigned and gone back to his own country. How can he claim the amount contributed towards PF and FPF.
Experts and experienced seniors please help.
From India, New Delhi
Dear KK,
If there is a Social Security Agreement between South Korea and India, the foreign national (PF Member) can withdraw PF accumulations. Or else he can withdraw only after attaining the age of 58 years. Let us wait for experts opinion on this about International workers PF eligibility.
Regards
S.Vijay
From India
If there is a Social Security Agreement between South Korea and India, the foreign national (PF Member) can withdraw PF accumulations. Or else he can withdraw only after attaining the age of 58 years. Let us wait for experts opinion on this about International workers PF eligibility.
Regards
S.Vijay
From India
As far as I understand PF rules, in order to withdraw accumulation you have to have a Bank account in Indian Bank, if a foreign national goes back to his own country, he / she will not be able to maintain the account. If there are any options to get the accumulation transferred to other country.
Experts kindly advise.
From India, New Delhi
Experts kindly advise.
From India, New Delhi
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