The amount not credited to your EPF account, goes into unclaimed and unrefunded money account with EPFO, which after some time is transferred illegally by the Govt of India to The Finance Act 2015 by inserting the Chapter VII for use as Senioir Citizens' Welfare Fund where it will be distributed for political gains only. The Government of India is treating this personal money of consumers as revenue their revenue, and using the channel of The Finance Act 2015 meant for preparing annual Union Budget and utilising the taxes/revenue earned in the last year. more
EPS is with the Govt ( P.F). If your service is less than 10 years you can seek withdrawal. If you continue to work somewhere else the same can be transferred to your account. If you have already put more than 10 years and your age is above 58 then you can claim life time pension. If your age is less than 58 then you can seek reduced pension. I suggest to seek pension after the age of 58 to get full pension. more
Four yrs have passed since I left a central PSU(ONGC) after working for 24yrs(May90-July14).Yet I am waiting for my UAN (12digit) forget my dues till now Atul Chattree more
If you are less than 50years old and you are going to another company, your previous company will issue "Scheme Certificate" which you can register at the local PF office of the new company area. The amount will get added to the EPS deductions from the new company. Also after 50 years of age you are eligible for availing the monthly pension ( optional ). more
Subject to service period of minimum of 10 Years , you can withdraw eps fund but 20% eps fund carry with the govt & all eps fund withdraw after 58 year. more
My retirement has only 4 months. Before retirement I would like to settle my all-personal loans having @12.2 lacs. But I have only source is PF which is now accumulated more than Rs. 32 lacs. Shall...
Once the Government has announced EPF interest rates, what is reason for non reflection in members pass book? Such delays also cause financial loss to members who have to do a final withdrawal...
EPFO has now allowed subscribers to go beyond the pensionable salary capped at Rs 15,000 a month on which employers deduct a sum equal to 8.33% of the ‘actual basic salary’ towards pens...
Dear Respectable Members, I am not sure what guidelines OR procedures to get higher pension from EPF/EPS. I am having only News paper information, that is 6th May 2023 as last date to su...
After recent retirement, I had applied for full PF-amount-release, which was subsequently shown as settled. On the EPF Portal, it shows as - "Your Claim [ Claim Id - xxx ] has been Settled. P...
Earlier I applied form 10D offline at RPFO cuddapah (AP) for pension claim on superannuation. There was no response for verification of scheme certificate for about 3yrs. Finally I could get verif...
On Monday, EPFO announced that all the eligible members of the provident fund body can now opt and apply jointly with their employers for higher pensions till May 3, 2023. Earlier, the deadline for...
MORE IMPORTANT IS RULE, APPLIED ON US FOR LATE PAYMENTS. EPFO ,LOOKS LIKE AN ADMINISTRATIVE INSTITUTION, NOT SERVICE SECTOR. THEY SHOULD PAY. WE SUFFER FOR LATE PAYMENT.THEY CARE FOR NONE.EVEN BAN...
When a payment for advance tax is made late, we have to pay a penal interest to the government. Here EPFO has delayed interest credit by 11 months. Shouldn't they be liable to...