EPF - Pension Component

331 views 1 replies

Dear CA Club,

Can you please help understand what happens to the 8.33%  EPS ( employee pension scheme ) component of Employer's contribution towards EPF , when any private sector employee transfer the EPF  from old company to new company within the same UAN  ? 

Where is the EPS gets accumulated and how to see the balance of EPS for employees who has worked when UAN was not implemented ?

After working for 30/35 years , is there any provision for pension for private sector employees ? 

Any clarity may help lots of individuals . Thanks 

 

Replies (1)
When one transfer from one company to another only PF amt is transferred along with service details like length of service, ncp days,wages, no. of advances taken etc.Pension component is not transferred but one can get Pension from these details and other details of new service or if he withdraw in new service then he get his pension component withdrawl if he has not completed 10 yrs. Hope you get this.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

Delhi

Others

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details