Professional Documents
Culture Documents
PF Withdrawal upon resignation : Upon resignation an employee can either withdraw or transfer his/her PF amounts at his desire. a) For Withdrawal : Inorder to withdraw the PF/ Pension funds you have to submit form 19 and 10 C preferably through your employer. Depending upon the attitude and working capabilities of employees in the respective EPF Office, it will take 45 to 60 days to get your balance credited to your bank account.Withdrawls of PF can be done only after 60 days period after resignation. Form No 19 is for Provident fund withdrawal & Form No. 10 C is for Pension scheme withdrawal. I have attached both the forms for your reference. b) For Transfer : For transfer you have to get form 13 submitted through your present Company but you need to know your earlier PF a/c no.etc. Also you need to provide following details to your current company.
Name and address of the previous company from which PF is still pendind to be claimed. Group Code of the previous comapny. Date of Joining and date iof leaving from previous company. Your PF no from the previous company.
2. PF withdrawal during Working period : The Provident Fund members can avail advances / partial withdrawals subject to certain conditions like Marriage for self and dependant sisters, brothers etc / purchasing of dwelling house or repayment of housing loan / specified medical treatments / Closure of establishment etc., You need to submit FORM 31 for claiming amount. But the PF authorities will sanction only if you satisfy the qualifying conditions. I have attached a document " Guidelines for PF withdrawal" that gives you an clear idea like on what grounds can a employee withdraw PF during his/her working period. Hope this information is of some use to you. Seniors please add your comments and suggestions. Please correct me if am wrong anywhere. I just shared what i knew. Have a great day ahead.
Regards Babu
Form-19 : To claim final settlement of Provident Fund by a member. Form-20 : To claim Provident Fund by nominee/legal heir on death of the member. Form-10-D : To claim pension. (In duplicate : If within state, In triplicate : If outside state.) Form-10-C : To claim withdrawal benefit/scheme certificate under Employees' Pension Scheme '95. Form-5IF : To claim assurance benefit under Employees' Deposit Linked Insurance '76 by nominee/legal heir of a member. Form-31 : To claim temporary withdrawal/advance under Employees' Provident Fund scheme '52. Form-13 : To effect transfer of Provident Fund/Pension from one A/C to another.
Ensure that all columns of the application are filled completely. Information in the application form relating to name, a/c no. should agree with the details available with Employees' Provident Fund Organization; which were furnished by the employer at the time of enrolling to Provident Fund. Application should be signed by the member/claimant. It should be attested by the former employer. In case attestation by the former employer is not possible, it should be got attested by any other authorized official specified with application form. Application for final settlement can be sent by a member on completion of 2 months from the date of leaving service, if the reason for leaving service is other than superannuation, medical ground, retrenchment and V.R.S./ Female members getting married etc. Desired mode of payment can be given legibly, if the amount involved is more than Rs. 2000/-. The amount will sent by deposit in payees' bank a/c. To facilitate this, Bank a/c no., name and address of the bank should be furnished. An advance stamped receipt should also accompany this application. Application may be supported by the return Form-10, showing the details of leaving service and details of contribution for the year in Form-3A, if not sent earlier by the employer. SPECIFIC ADDITIONAL REQUIREMENT Death cases:
Nominee/legal heir should apply in Form-20 /Form-10-D /Form-5IF. If the member has not executed any nomination, application should be supported by certificate of family members issued by employer/revenue official/sworn in an affidavit by the family/ member/legal certificate from a court of law. Death certificate of the member.
Certificate of the employer stating whether the death was while in service of the member or not. Pension cases:
Joint photograph of member/spouse or the claimant should accompany the application. Option for return of capital/commutation should be specified clearly. Details of non-contributory period during the service, wages/salary for last 12 months should also accompany, if not already sent. Details of the branch of the specified bank may be given legibly. Date of birth certificates of children
In case of death away from service, an undertaking by the claimant to the effect that the member was not working / had not worked in any other covered establishment after exit from the establishment on the basis of which pension is being claimed.
14. 15.
28. For any further assistance / inquiry, the Public Relation Officer of the Regional Office / Sub Regional Office can be approached on all working days in person or through phone.