Hi, If a person has worked for 20 months in a company and now, he is planning to relocate to another country. How can he withdraw his EPF and EPS from his account?
From India, Hyderabad
1From India, Hyderabad
to get eligible for pension You have to be contributory for EPS for 10 years, i.e a member with ten years of contribution to EPF/EPS will get eligible for pension, after 58 of age,
He is eligible to receive his Provident Fund and pension scheme including employers contribution along with accrued interest by applying claims in Form 19 for EPF and Form No.10C for EPS as his service is less than 5 years.
Adoni Suguresh
Labour Laws Consultant
From India, Bidar
Adoni Suguresh
Labour Laws Consultant
From India, Bidar
If the person mentioned in the query is relocated to branch of the same Company in another country his PF can be transferred, considering him as International Worker. For more details visit www.epfindia.com. If the employee has resigned his job he can withdraw his PF and Pension accumulation using Form 19 and Form10C and his PF UAN is activated and KYC details uploaded withdrawal can be done using more simple forms UAN 19 and UAN 10C
Regards
Subha Mavunkal
Kochi
From India, Kochi
Regards
Subha Mavunkal
Kochi
From India, Kochi
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Circular Dated 28-10-2016 for settlement of PF Death Case Claims within 7 days.pdf
PF Death case Composite Claim Form No 20,10D & 5IF.xls