Epf accumulated balance
santosh
(Querist) 16 June 2012
This query is : Resolved
r/s,
i am santosh i was employee of videocon industries ltd. from jan 2003 to dec 2010 , during this period videocon group allocated initially videocon appliance role pf number and then as videocon appliances merged into international ,so compony officials told to withdraw the videocon appliances pf .Since apr 2005 to dec 2010 my pf balance showing only 60000 , whereas it should be minimum 12000 as per payslips and deductions.
Please guide me for same.
santosh
sanayan03@rediffmail.com
Sudhir Kumar, Advocate 
(Expert) 17 June 2012
Immediately submit complaint of evasion to the PF office before the BOD of old company diasppear. As far as merger is concerned you have been given wrong advise to withdraw. Yoyu were entitled to get it transferred to new a/c and continue adding the past period as pensionable.
M V Gupta
(Expert) 18 June 2012
If you are continuing with the new company there is no need to withdraw the PF balances and close the PF a/c. The same account can be continued with the new employer. You can check the correct position with the concerned authorities (PF authorities.)
santosh
(Querist) 20 June 2012
r/sir,
as per salaryslips issued by the compony i have given 2pf numbers and first number is matching with my name and personal details ,, whereas last or latest number after mar2007 to dec2010 is not matching with my personal details.. means its mistake of compony from apr2007 (when SAP implemented) to dec2010 ,,, please suggest what can be done and any legal application format reqd.?
santosh
M V Gupta
(Expert) 21 June 2012
Apply for correction of the records through your x employer with necessary proof of the correct name. There should not be any difficulty in getting the EPF records corrected.
