Employees’ Provident fund: FAQs Answered here
Can an employer withdraw EPF balance after an employee leaves an organisation?
No, it is not possible for the employer to withdraw the employee funds.
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Can an employer deduct share of contribution from the wages of employees?
No. It is not permissible without consent. Any such deduction is a criminal offence.
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Can an employee contribute to the EPF after leaving the services from an organization?
No, in the absence of wages & employer no recovery can be affected. Any contribution by the member must be matched with employer’s share of contribution.
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Can employer claim any outstanding dues from the PF amount payable to a member?
No, according to law it is not permissible.
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Can a member pay contribution in excess of the statutory rate of 12%?
Yes! The member can pay voluntary contribution in excess of his normal contribution of 12% of Rs 15000. The total contribution i.e., voluntary + mandatory can be up to Rs 15000 per month. However, the employer may restrict his own share to the statutory rate.
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Is there any time limit for withdrawal of Provident Fund dues?
There is no age limit to this. The member in the case of resignation from service, has to wait for a period of two months for withdrawal of the PF amount.
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Can a member get his PF account transferred?
Definitely! In case of change in employment, the member should get his PF account transferred to his present organization by duly submitting Form 13(R).
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