1. #1
    Unregistered

    PF withdrawal before retirement and its impact over pension? Calculation for the interest on PF?

    Due to some reason I have to withdraw my PF amount. My age is 45 years. I want to know whether I can do it before retirement or not? And if I do so what can be impact over my pension? I also want to know how can I calculate the interest of my PF amount?

  2. #2
    mahi4mk Array
    Join Date
    Aug 2012
    Posts
    194

    Re: PF withdrawal before retirement and its impact over pension? Calculation for the interest on PF?

    DEAR ASPIRANTS ,

    You know about pf always pf refund double every company

    give yopu employee.Your retirement after you get pf you

    fill pf form and your home address ,name ,account no and

    many formality and then you give company pf office and

    after somedays you get your pf in your account....

    GOOD LUCK

  3. #3
    Labournet Law Consultancy Array
    Join Date
    Oct 2012
    Location
    2nd Floor, Patel Complex, Basin Road, Ernakulam, Kerala
    Posts
    287

    Re: PF withdrawal before retirement and its impact over pension? Calculation for the interest on PF?

    As per rule you cannot withdraw the PF amount before retirement or before the age of 55 years. But you can withdraw the Pf

    amount after submitting form 10 C and you have to give an undertaking that you are no longer employed and you are not

    willing to go for work any more.


    More over if you have more than 10 years of contributory service then you cannot withdraw the pension fund amount.

    Any how if you withdraw the amount you will be ceased to be the member of the EPF scheme and you have to join the EPF

    scheme afresh as if you are joining in the EPF scheme for the first time.

    If you are really in need of money you may very will apply for withdrawal of some of the amount in the Pf account by filling a

    form before the Commissioner of the provident fund stating some urgency for the money.

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