The "Provident Fund" Thread

anandtheleo · 17th September 2018, 14:08

Quote:

Originally Posted by Oxy

Looks like I am the only unlucky one on the forum

Don't worry, I am there with you, just now checked, no credit for me too.

manish_symc · 17th September 2018, 14:26

I too can see interest has been credited in my account for 2017-18. It was not there couple of days back.

sunilch · 17th September 2018, 15:13

Quote:

Originally Posted by Oxy

Looks like I am the only unlucky one on the forum

Quote:

Originally Posted by anandtheleo

Don't worry, I am there with you, just now checked, no credit for me too.

Hey guys, I am with you

But I had raised a grievance with EPFO and today got a response stating that this will be done by 30 Sep. So let us wait and see how it goes.

BTW, I receive SMS alerts for contribution credits every month (although a bit delayed and never on time). Did those, who got the interest credited, get any SMS alert for the same?

anandtheleo · 25th September 2018, 18:04

I checked and found that the interest has now been credited (dated for 032018), request other members to check.

Oxy · 26th September 2018, 08:50

Quote:

Originally Posted by anandtheleo

I checked and found that the interest has now been credited (dated for 032018), request other members to check.

Yeah mine credited as well, thanks.

smartindboy · 26th September 2018, 12:32

Mine's not credited yet. :-(

Simhi · 27th September 2018, 07:43

Quote:

Originally Posted by smartindboy

Mine's not credited yet. :-(

Same here. I will wait till 30th Sept before raising grievance with EPFO.

smartindboy · 1st October 2018, 12:31

Quote:

Originally Posted by Simhi

Same here. I will wait till 30th Sept before raising grievance with EPFO.

Not yet credited to my account.
Also, I can't even submit the grievance, there is some issue with the form.

Simhi · 2nd October 2018, 06:38

Quote:

Originally Posted by smartindboy

Not yet credited to my account.
Also, I can't even submit the grievance, there is some issue with the form.

I tried just now and was able to successfully raise grievance. Let's see how long does it take to resolve and whether I come to know the reason for the delay.

smartindboy · 4th October 2018, 09:45

My employer has sent an email that PF office has informed the company about a few system and accounting challenges, thus a further delay of two months.

swiftnfurious · 4th October 2018, 20:13

I was told that we can no longer take the PF out after joining a new company. It has to be transferred. Previously, I know we could redeem the PF after 60 days of leaving an organization - has this been changed?

NPV · 4th October 2018, 21:24

Quote:

Originally Posted by swiftnfurious

I was told that we can no longer take the PF out after joining a new company. It has to be transferred. Previously, I know we could redeem the PF after 60 days of leaving an organization - has this been changed?

I think as per the current rules, you can withdraw your PF if you're without a job for 60 days or more.
Also, one would already have a UAN now, so if you're changing companies, your PF account at your new company would also be tagged to the same UAN. So there's traceability.

sunilch · 4th October 2018, 23:36

Quote:

Originally Posted by swiftnfurious

I was told that we can no longer take the PF out after joining a new company. It has to be transferred. Previously, I know we could redeem the PF after 60 days of leaving an organization - has this been changed?

That rule has been in place forever. You are, as per rules, not allowed to withdraw the PF money when switching jobs with a gap of less than six months. If do have such a longer gap between jobs, then you can submit your application for withdrawal after 60 days.

But due to lack of tractability and enforcement, and sheer laziness of the department earlier, it was possible to withdraw the money and even companies allowed the same.

After introduction of UAN and linking it with Aadhar card number, tractability has been ensured and the moment you login into the PF portal you will see all the accounts there, until they are merged/transferred.

Still, you can submit your request to withdraw and try. You might get lucky but it will leave a trial if you do have a UAN.

Simhi · 5th October 2018, 07:14

Quote:

Originally Posted by smartindboy

My employer has sent an email that PF office has informed the company about a few system and accounting challenges, thus a further delay of two months.

OMG - How come it got credited for others if there were system and accounting challenges? No update yet on my grievance request.

AltoLXI · 5th October 2018, 09:20

Quote:

Originally Posted by Simhi

OMG - How come it got credited for others if there were system and accounting challenges? No update yet on my grievance request.

Not credited to me either. Raised a grievance also but no reply yet. Informed to my company HR as well who said they will check with PF office.

17th September 2018, 14:26	#692
manish_symc BHPian Join Date: Dec 2007 Location: Pune Posts: 155 Thanked: 100 Times	Re: The "Provident Fund" Thread I too can see interest has been credited in my account for 2017-18. It was not there couple of days back.
	() Thanks

25th September 2018, 18:04	#694
anandtheleo BHPian Join Date: Jan 2007 Location: Bangalore Posts: 415 Thanked: 420 Times View My Garage	Re: The "Provident Fund" Thread I checked and found that the interest has now been credited (dated for 032018), request other members to check.
	() Thanks

26th September 2018, 12:32	#696
smartindboy BHPian Join Date: Oct 2007 Location: Hyderabad Posts: 69 Thanked: 126 Times	Re: The "Provident Fund" Thread Mine's not credited yet. :-(
	() Thanks

4th October 2018, 09:45	#700
smartindboy BHPian Join Date: Oct 2007 Location: Hyderabad Posts: 69 Thanked: 126 Times	Re: The "Provident Fund" Thread My employer has sent an email that PF office has informed the company about a few system and accounting challenges, thus a further delay of two months.
	() Thanks

4th October 2018, 20:13	#701
swiftnfurious Distinguished - BHPian Join Date: Sep 2009 Location: Chennai Posts: 7,203 Thanked: 9,661 Times	Re: The "Provident Fund" Thread I was told that we can no longer take the PF out after joining a new company. It has to be transferred. Previously, I know we could redeem the PF after 60 days of leaving an organization - has this been changed?
	() Thanks