Tuesday, 24 April 2018

EPFO to accept Offline PF Claims ! - Know how much you can draw?

EPFO has decided to accept provident fund withdrawal claims of over Rs 10 lakh via physical forms submitted offline. In a earlier circular the EPFO had issued instructions to its offices to allow submission of PF claims of over Rs 10 lakh only online.

Employees Provident Fund Organisation (EPFO)
in its circular dated 13 April, 2018 has revised instructions to settle claims for Provident Funds (PF) and Employees’ Pension Scheme (EPS) withdrawals.

As of circular, all the PF claims above Rs 10 lakh now will also be settled via offline submission of forms. This will also hold for EPS withdrawals settlement above Rs 5 lakh. 

The decision has been taken due to the problems faced by the members/claimants including the international workers while submitting their claims online.

Considering the grievances raised by members, this stipulation will be kept in abeyance so that so that offline claims will also be accepted in all cases, EPFO said in its circular.

This decision has been in a meeting chaired by Central Provident Fund Commissioner (CPFC) in order to resolve the problems faced by its members while submitting their claims.

In the latest circular dated April 13, 2018, field offices have been instructed to send the claim forms online to the employers for further verification for those claim forms that are received online from the claimants. This step has been taken to minimise the risk of fraud and step up security.

Employers are required to return the claim form within 3 days to the EPFO office specifying whether it is accepted or rejected.

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6 comments:

  1. I have a pf account but after resigning from my previous job my employer is not updating my Kyc as it can be done by employer company planet PIC GURGAON

    ReplyDelete
  2. I have a pf account but after resigning from my previous job my employer is not updating my premier company as it can be done by employer company.pls help ful in pf account

    ReplyDelete
    Replies
    1. If any pending amount pls transfer to my pf account my family's life use

      Delete
  3. सर मेरा युन दूसरे मोबाइल फोन नम्बर पर जनरेट किया है वह नम्बर मेरे पास नहीं है और मेरी kyc अपडेड नहीं है मैं अब क्या करू मुझे पिएफ निकालना है

    ReplyDelete
  4. after leaving my job the said establishment has been closed in the year 2006, how can i settle my PF account

    ReplyDelete