Hello
After working for 4 years in a company, I shifted to another one 6 months back.
I submitted my PF transfer form 13 last month. I have the following questions:-
1. Will my pension amount also transfer by the same form?
2. How can I view my pension amount?
3. Can we withdraw the pension amount just like PF?
Thanks
From India, New Delhi
After working for 4 years in a company, I shifted to another one 6 months back.
I submitted my PF transfer form 13 last month. I have the following questions:-
1. Will my pension amount also transfer by the same form?
2. How can I view my pension amount?
3. Can we withdraw the pension amount just like PF?
Thanks
From India, New Delhi
1. Form 13 will do for transfer of both PF and pension
2. Pension is eligible after completion of 9 years & 6 months. Formula to calculate pension is "Pensionable salary x Pensionable service / 70"
Here Pensionable salary is the average of last 60 months (w.e.f 01.09.2014).
3. If the member is not eligible for pension (due to service below 9 years and 6 months) one time withdrawal is applicable.
Abbas.P.S
From India, Bangalore
5172. Pension is eligible after completion of 9 years & 6 months. Formula to calculate pension is "Pensionable salary x Pensionable service / 70"
Here Pensionable salary is the average of last 60 months (w.e.f 01.09.2014).
3. If the member is not eligible for pension (due to service below 9 years and 6 months) one time withdrawal is applicable.
Abbas.P.S
From India, Bangalore
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Ordinance of Maharashtra Govt for Cheque Payment or Account Transfer of Bonus.pdf