EPF Pension Fund
CA. Mala Rohara (Partner) (145 Points)
03 June 2019An employee resigned after completing of 9 years nd 10 months service. Now he wants to withdraw full pf amount including pf pension fund.
Can he eligible to withdraw?
CA. Mala Rohara (Partner) (145 Points)
03 June 2019
Satya N Dharani
(Finance Professional)
(491 Points)
Replied 03 June 2019
For an employee, the service for six months or more is treated as one year. Therefore, 9 years and six months will be considered 10 years. Once 10 years are completed, the withdrawal benefit stops and one can only take the scheme certificate from the EPFO by filling the same Form 10C.
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