PF withdrawal
This query is : Resolved
Gargi Ranade
(Querist)
16 April 2009
Hi Dear all,please guide me on my query ;
Can employee withdraw entire amount credited to his PF if he left job after si months of joining ;
as it is rightly stated Out of 12% (or 10% as the case may be) of the employer’s share of contribution, 8.33% is to be remitted towards pension fund.
can employee take benifit of this pension fund also though he left job after six months but through following prpoerprocedure for his releavence
Can employee withdraw entire amount credited to his PF if he left job after si months of joining ;
as it is rightly stated Out of 12% (or 10% as the case may be) of the employer’s share of contribution, 8.33% is to be remitted towards pension fund.
can employee take benifit of this pension fund also though he left job after six months but through following prpoerprocedure for his releavence
Deepak Goel
(Expert)
16 April 2009
If his service is more then six month then he can withdrawal of his entire PF including pension fund but if his service is more then 9years and six months then he cannot withdrawal pension fund. He can withdrawal only PF amounts.
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