PF - pension closure
Already I closed my pf account in previous company employee /employer contribution is received 2years back , but in my pf account pension amount cannot able to withdrawn currently last 3months unemployment due to covid-19 please any one let me inform how to withdraw my PF pension amount more
* If service period has been less than 10 years, both PF balance and the EPS amount will be paid. To get EPS amount, in the Composite Claim Form (Aadhaar or Non-Aadhaar), along with choosing 'Final PF balance', also choose the 'pension withdrawal' option.
* If you have already completed 10 years of service, the EPS amount cannot be withdrawn and only the scheme certificate is to be issued by filling Form 10C along with the Composite Claim Form (Aadhaar or Non-Aadhaar). Pension is to be paid from age 58 while a reduced pension can be paid from age 50. One may opt for early pension (reduced proportionately) after 50 years, provided one has completed 10 years of service.
* If you plan on re-joining the workforce, you may opt to get the 'scheme certificate' by furnishing Form 10C.
B Ashok more