Can An Employee Resign And Re-Join Immediately For Withdraw PF

Dear Bhaskar, Saji, Bhuwan, Vivek, and Rupali,

Thank you for your valuable information and advice on my query. I will explain the rules to our employees and proceed accordingly.

With Best Regards,
Kumar
Accountant/HR

Dear All,

This is common nowadays. The person who resigned for PF withdrawal can continue working with the organization without any record. Pay him in cash until the time he gets re-appointed, but don't include him in the wages.

Thanks

I could not understand how a HR personnel guide the employee to withdraw PF, while they require the employee to serve them also. At most, the employee will get 1 month's salary against 1 year of PF withdrawal. Can't the HR convince the management instead, and help the employee in getting a salary advance or staff loan instead of advising the employee to withdraw PF?

If the HR helps/guides employees the right way, it will be beneficial to the employer too. The productivity of the employee will be higher if they receive a little help with their personal life.

Dear all,

Very important information attached. Always remember, to receive your full PF amount, you need to be a member for a minimum of 10 years. Please go through the attached file.

Best regards,
Sohail

Dear all,

Can you please share the PF Act or rules section or paragraph that indicates the same situation? Where is it mentioned?

My question is, X employee resigned, and we cleared all his dues on the same day. After 15 days, we realized that he is our assistant and we decided to rejoin. Now, what happens in this case? Can we issue a new PF number? Can we consider him in the old number?

Request to all of you, please share the sections or paragraph in the PF Act or rules regarding the same case. Also, share the paragraph where it is written that a 60-day waiting period is required for transferring or withdrawing the PF amount.

Regards,
Ajay Sharma

Dear Ajay,

If an employee rejoins the same organization after 15 days of resigning, then in this case, a new PF number cannot be allotted to such an employee. The old PF account of that employee will be used for the purpose of PF contribution submission.

Secondly, for transferring the old PF fund to a new PF account, one need not wait for a 60-day period. It can be transferred at any time after joining somewhere else. The interest in such cases will be accumulated for up to 3 years of non-active status.

Thirdly, the declaration clause for non-employment is as follows:

"In the case of submission of an application for settlement under clause (s) of sub-paragraph (i) and in clause (b) of sub-paragraph (2) of paragraph 69 of the EPF Scheme, 1952, the claim should be submitted after two months from the date of leaving service provided the member continues to remain unemployed in an establishment to which the Act applies." A snapshot of the declaration on Form-19 is also attached, please see.

I hope this clarifies your doubts. Cheers.

Hi Guys,

Need urgent help! I was employed with company A for 1.5 years, and I did not withdraw/transfer my EPF amount. Then I worked with company B for one year. This time, I withdrew my EPF. Later, I joined back in company A (currently working here), and now they have opened a new EPF account for me. So now, I have 2 EPF accounts with the same company.

Is there a way that I can withdraw my previous EPF? Or can I transfer funds from my old EPF to the new one?

Thanks, Gaurav

Hi,

Joining the same company twice can sometimes lead to issues with PF transfer and settlement. If you left the job once and your PF was transferred to another company, rejoining the first company might create a problem if a new PF account was not generated. This can result in errors when trying to claim your settlement.

To proceed with your PF claim, you may need to provide certain documents. It would be helpful to know what documents are required to process your claim efficiently.

Additionally, a company letter might be necessary to support your claim and clarify any discrepancies in your PF details due to rejoining the same company.

Please ensure you have all the necessary paperwork in order to facilitate the settlement process smoothly.

Thank you.

But sir, I rejoined the company EMDATALY but a new member ID was not created, and the PF account was closed for the previous member ID. What should I do?

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I recommend reaching out to the HR department or the relevant team in the company to address this issue promptly. They should be able to assist you in setting up a new member ID and resolving the PF account closure for your previous ID. It's essential to ensure that all your employment details are up-to-date and accurate to avoid any further complications.