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Notification - No Interest On In-operative PF A/c. - CiteHR

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vipul_hr
2

Dear All,
This is for your information please.
As and when an employee gets separated (Resigned / terminated), and does not apply for withdrawal of the PF, interest will be credited maximum up to next 36 months. Then after no interest will be credited as the membership account becomes in-operative. This will be effective from April 01, 2011.
You are requested to kindly find the attachment.
Regards,
Vipul Parmar
KLJ Plasticizers Ltd
+91 9374499232

From India, Valsad
Attached Files (Download Requires Membership)
File Type: pdf PF_NO_Int_on_Noperative_Accounts_1_.pdf (82.9 KB, 692 views)

Neelanjana Jain
1

This means after separation previous employer will keep on paying interest for next 36 months
From India, Pune
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