Resignation For Pf Withdrawal - Pdf Download

As HR Managers / executives do not encourage such withdrawls of PF. or re-instatement of the employees after submission of their resignation
29th August 2014 From India, Madras

Hi,
this is very common in industries particularly worker category, only thing what HR can do is guide them for future benefits of PF, also top management should help in employee welfare that also HR should put proposal in front of management with documentation.
Also in one instance you accept the resignation and the employee is working unregistered in your organization, their is a risk...lot of risk.....so try to have a fair HR practice, educate employees and employer both with supporting document on benefits and welfare of PF and if money is problem employer can help.....
Regards
Vihangakash Bhatt
2nd September 2014 From India, Delhi

Dear,
Actually unknown employees are withdrawing their EPF and EPS amount, but they lapse their period of working 4&1/2 yrs for EPS, kindly guide to them, in this case if he want to withdrawn their EPF (Form 19) he can do but not withdraw Form 10C (EPS)
4th September 2014 From India, Bhubaneswar

PF can be withdraw by employee when any of event occur which is mentioned in the attached list OR employee become unemployed for 60 days ( 2 months ) after resigning ( last day of job ) from the job.
If any employee is trying to withdraw PF by intention to encash PF/PS amount then it is not allowed.
4th September 2014 From India, Pune

Attached Files (Download Requires Membership)

PF Withdraw.pdf (353.2 KB, 231 views)

hi ,
this practice normally adopted by the consent of the employees and employer, which is incorrect and unlawful in regard of EPF Act.one can withdrawal the Pf accumulation after retirement or unemployed at least two month after quitting the Job.for advance from pf withdrawal allowed before 5 years of contributing the pf accumulation only for medical treatment self spouse, parents children.
6th September 2014 From India, Jhajjar

i don’t think this is a valid reason for resignation and one should not encourage this. he should have discussed his financial difficulties with the responsible person of the company.
8th September 2014 From United Arab Emirates, Dubai

hello sir
i am shital. i was work in pharma company for 1 year & above.due to my personal problem i left my job before 10 month ago on one day relieve period.even after completion of 10 month period HR Manager will not give my epf amount.please tell me what should i do ?
6th April 2015 From India, Pune

Dear Sir,
This type of problems commonly coming from the middle class families and small employees. Because they need money every time to run their family. If the govt. changes the rules of PF withdrawals like need to work for 5 years to avail for the loan from five years below that five years he/she may have some plans to do the things with budget which ever is higher than his strength then what they will do.
I am not that much experienced to tell this. Just think on it.
Regards,
Chandu.
18th June 2015 From India,

Good Welfare Policies and awareness is required to be imparted to employees on PF withdrawal issues.Benevolent funds or other resources if available can be opted to help employees.This will not only boosts the morale of employees but the pride in work places and resultant growth in productivity is encouraged.
19th June 2015 From India, Vadodara

Hi Shital,
First of all, no person, other than PF authority, is authorized to reject your PF withdrawal.
As far as i know, if the HR person in your previous organization is not ready to release your PF amount, you have an option to fill up your form 10C and form 19 and get it signed from any Gazetted Officer and submit in the PF office. This may help out.
Seniors, please correct me if I am wrong.
Regards,
Harsh

20th June 2015 From India, Ahmadabad