Soon, the EPFO will allow withdrawal of pension contribution only after 2 years of exiting from your previous job. Right now, pension sum can be withdrawn after 2 months of leaving a job. more
All Comments based on misunderstanding. This is For Young Peoples who often change the job & then do not take their PF Account working / running or left stranded. By this rule those will get their money back & Unclaimed Accumulated money in PF Account get reduced. Good Decision !!!! more
Its barbarism. A person who attains the retirement age wish to bank on those funds and with a fond hope during his/her service period, kept on contributing to the PF so as to withdraw soon after the retirement and to make use of that amount either to use it for children higher education, or daughters marriage or for purchasing/ constructing a dwelling. When that is not allowed till 2 years of post retirement, in case of a private employee who is not entitled for pension, how will they cope up ? All their plans will go for a toss. GOI must not do this. More over, what is the purpose and objective of enacting such draconian laws ?? Instead of becoming people/poor friendly, the GOI acts are becoming atrocious. more
DO YOU MEAN WHEN PERSON RETIRES HE GETS HIS PENSION FUND AFTER 2 YEARS. WHAT RIDICOLOUS WAY OF LOOTING A COMMON MAN? LET GOVT TAKE AWAY EVERYTHING!!!!!!!!!!!!!!!!!!!! more
Once the Government has announced EPF interest rates, what is reason for non reflection in members pass book? Such delays also cause financial loss to members who have to do a final withdrawal...
EPFO has now allowed subscribers to go beyond the pensionable salary capped at Rs 15,000 a month on which employers deduct a sum equal to 8.33% of the ‘actual basic salary’ towards pens...
Dear Respectable Members, I am not sure what guidelines OR procedures to get higher pension from EPF/EPS. I am having only News paper information, that is 6th May 2023 as last date to su...
After recent retirement, I had applied for full PF-amount-release, which was subsequently shown as settled. On the EPF Portal, it shows as - "Your Claim [ Claim Id - xxx ] has been Settled. P...
Earlier I applied form 10D offline at RPFO cuddapah (AP) for pension claim on superannuation. There was no response for verification of scheme certificate for about 3yrs. Finally I could get verif...
On Monday, EPFO announced that all the eligible members of the provident fund body can now opt and apply jointly with their employers for higher pensions till May 3, 2023. Earlier, the deadline for...
MORE IMPORTANT IS RULE, APPLIED ON US FOR LATE PAYMENTS. EPFO ,LOOKS LIKE AN ADMINISTRATIVE INSTITUTION, NOT SERVICE SECTOR. THEY SHOULD PAY. WE SUFFER FOR LATE PAYMENT.THEY CARE FOR NONE.EVEN BAN...
When a payment for advance tax is made late, we have to pay a penal interest to the government. Here EPFO has delayed interest credit by 11 months. Shouldn't they be liable to...
Hi my friend has been working in a multinational company for the last 12 years in Gurgaon. His PF account was created by the company however when my friend checked the details, his surname was ment...
By Gloria Joseph
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