If the employee leaves the company which has EPF trust he needs to withdraw only from the company which maintains the trust. If the employee joins another company then he can transfer his PF from EPF trust to another EPF trust or to EPFO depending on his new employer. Roles and Responsibili...
One has to transfer old PF account to the new account.Only then will you be able to withdraw from both the accounts online. Linking of PF account with UAN is not sufficient.Our articleWhy should one transfer old EPF account to the new employer?explains it in detail. To use the facility ...
In Budget for 2015-16 Finance Minister Arun Jaitley had promised that employees can move their retirement savings to the National Pension System. In Dec 2019, It was decided that PF and NPS are not alternatives to each other and hence the plan to move EPF to NPS was junked. The PFRDA no...