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Vinod (Manager)     06 March 2012

Full and final settlement

Dear All

I resigned from the previous employer in Delhi in Nov 2012, i was not aware of gratuity rules then. Now i have applied for my Gratuity and PF payment in Nov 2011, but they are not responding. I want to understand still i can get my gratuity or it is totally my fault. Please guide me how can i get my full and final settelement without delay



Learning

 1 Replies

Kumar Doab (FIN)     06 March 2012

 

Gratuity:

Your company is not replying to you in writing. You may apply for gratuity.

     7. Application for gratuity.-(1) An employee who is eligible for payment of gratuity under the Act, or any person authorized, in writing, to act on his behalf, shall apply, ordinarily within thirty days from the date the gratuity became payable, in Form 'I' to the employer:

You may keep the acknowledgment.

PF:

You must have retained the acknowledgment of PF forms submitted by you.

The employer should forward PF forms to  PF authorities within 5 days of its receipt (Ref clause 72 5(a) of EPF Act.)

Usually companies adopt their own internal HR system that they compile all applications/forms of withdrawal and submit to concerned PF office twice a month on specific dates.

-The concerned PF office shall issue an acknowledgment to the employer which employer has to supply to the employee.

You may demand the acknowledgment issued by PF office to be supplied to you by redg/speed post only. Since you are in hurry and have some kind of doubt on employer you may supply a self addressed redg post cover (which you can obtain from Post Office) and supply with your letter to employer.

You may also demand all PF accumulation reports.

-The PF office should be in a position to settle the claim within 30 days and credit the amount in bank a/c of the member in say 45 days.

Redressal of grievance is within 30 days.

www.epfindia.gov.in, www.epfindia.com


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