I have worked 16 Yrs in one company with the basic salary of Rs 18000/-pm and having epf account from 1991 to 2007.
Now I am working with some other company from Apr 2010 to Till date with the basic of 7500 pm/-.
Please advice wheather I have to get scheme certificate from my earlier company and add my service in the present company (or) to leave the FPF in earlier company itself as the basic salary of earlier company was high.
Is it possible to get the family pension at the age of 58 Yrs from Two companies.
Also clarify wheather the family pension depends on the last month basic salary.
From India, Coimbatore
Now I am working with some other company from Apr 2010 to Till date with the basic of 7500 pm/-.
Please advice wheather I have to get scheme certificate from my earlier company and add my service in the present company (or) to leave the FPF in earlier company itself as the basic salary of earlier company was high.
Is it possible to get the family pension at the age of 58 Yrs from Two companies.
Also clarify wheather the family pension depends on the last month basic salary.
From India, Coimbatore
You are advised to get a scheme certificate from pf office after availing the epf amount. Or simply get transferred the entire amount to the present company’s pf account.
From India, Madras
From India, Madras
Family pension depend upon Last year salary not last month. getting pension from 2 companies is not recommended you will have to transfer the last EPF to the New.
If you really want to have 2 pension then you must open two bank accounts in separate branches and EPFO must not know about it. (it is not right that is why).
If you obtain the Scheme certificate than you must keep it properly. When pension will be applied then it would be attached as an document.
From India, Phagwara
If you really want to have 2 pension then you must open two bank accounts in separate branches and EPFO must not know about it. (it is not right that is why).
If you obtain the Scheme certificate than you must keep it properly. When pension will be applied then it would be attached as an document.
From India, Phagwara
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