Epf withdraw & pension after 10 year service & rejoin
AK PUNDIR
(Querist) 08 September 2015
This query is : Resolved
Respected Sir/Madam,
My question is that an employee named Rohan Join a Pvt. Ltd. Co. on 01/01/2003, & company deducted EPF as per norms. On 31/03/2014 Roahn leave/Resign from job. Rohan withdraw own EPF not from EPS (Pension amount)on 31/06/2014. Again company approach to Rohan & offer higher salary Rohan accept the same & again Join the same company on 01/10/2015. Now Company again deducted his EPF with new EPF account no. My question is what will happen about his previous EPS (Employee pension account. Can Rohan Attached his OLD EPS with new EPF Account No. so that in future / old age Rohan may get higher amount of pension. Please guide me. Thanking You. Cell No. 7409851171
P. Venu
(Expert) 09 September 2015
How you are related to the issue?
K.S.Srinivas
(Expert) 09 September 2015
(1) One is liable for pension only if he has completed the age of 58.
(2) One is liable for pension only if he has completed 10 yrs of service (in case of more than one companies, the EPF should have been transferred, not withdrawn)
AK PUNDIR
(Querist) 10 September 2015
Please read full question in details
Respected Sir/Madam,
My question is that an employee named Rohan Join a Pvt. Ltd. Co. on 01/01/2003, & company deducted EPF as per norms. On 31/03/2014 Roahn leave/Resign from job. Rohan withdraw own EPF not from EPS (Pension amount)on 31/06/2014. Again company approach to Rohan & offer higher salary Rohan accept the same & again Join the same company on 01/10/2015. Now Company again deducted his EPF with new EPF account no. My question is what will happen about his previous EPS (Employee pension account. Can Rohan Attached his OLD EPS with new EPF Account No. so that in future / old age Rohan may get higher amount of pension. Please guide me. Thanking You. Cell No. 7409851171
A K CHANDOK
(Expert) 12 September 2015
In my opinion, since earlier EPS amount has not been withdrawn, as such same period can be counted in the present service after giving all the details to the RPFC through the Employer and by completing all formalities I.e submission of returns etc.
Chandok A K.
RPFC ( Retd. )
