Pension contribution is not transferred when changing jobs. It shows zero instead of Rs. 20,000, which was accumulated in the earlier company's EPF passbook.
So, how can I get it transferred to the new company's passbook account? Please guide.
From India, Ahmedabad
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So, how can I get it transferred to the new company's passbook account? Please guide.
From India, Ahmedabad
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In case of EPF transfer, only the amount in the Provident Fund gets transferred, and for the pension scheme, only service gets transferred, not the amount. You must have filled out Form 31 for the transfer of your EPF account. By doing so, both your fund and service period have been transferred. You may fill out an online grievance with the EPF for more clarification.
From India, Varanasi
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9From India, Varanasi
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Hello,
I have changed 3 companies in a gap of 2-3 years with total experience as of Feb is 9 year. I can see my PF amount got transferred from 1 company to other company however Pension contribution was not transferred into my UAN linked Pension account (EPFO website), Please help me understand.
1) Why my pension money was not transferred?
2) Will it be getting transferred if I complete 10 Year of “Total experience” or I have to complete 10 years of Experience with “1 company” ?
3) If my pension will not be getting transferred from my previous company, as I have not completed 10 years with that single company, am I eligible to withdraw pension from my previous employer now?
4) If I am planning to leave this company by next 2 year can I withdraw only pension amount of my current company before leaving and joining other company?
5) If I leave job in next 5 year after completing 15 years of total service will I get pension at the retirement? can I withdraw full amount or partial amount at that time?
Please advise
Thank you
Akash Kothari
From India, Bangalore
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I have changed 3 companies in a gap of 2-3 years with total experience as of Feb is 9 year. I can see my PF amount got transferred from 1 company to other company however Pension contribution was not transferred into my UAN linked Pension account (EPFO website), Please help me understand.
1) Why my pension money was not transferred?
2) Will it be getting transferred if I complete 10 Year of “Total experience” or I have to complete 10 years of Experience with “1 company” ?
3) If my pension will not be getting transferred from my previous company, as I have not completed 10 years with that single company, am I eligible to withdraw pension from my previous employer now?
4) If I am planning to leave this company by next 2 year can I withdraw only pension amount of my current company before leaving and joining other company?
5) If I leave job in next 5 year after completing 15 years of total service will I get pension at the retirement? can I withdraw full amount or partial amount at that time?
Please advise
Thank you
Akash Kothari
From India, Bangalore
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PF Pension fund contribution beyond 58 years of age.pdf
EPF - Pension contribution is zero WHY.jpg