Provident fund dispute

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    • #13632 Reply
      Mightypanda2324
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        M
        Mightypanda2324
        PARTICIPANT
        April 16, 2025 at 1:48 pm
        Provident fund dispute
        My father was laid off from IIFT in oct 2023, after working for around 25years.
        It has been 1.5 years since then but his provident fund and pension fund havenโ€™t been settled yet. I am not entirely aware of the whole situation but as my father explained the PF and pension was to be merged from 3 different contracting companies but there has been a dispute in the settlement from the 3rd company, due which he is not able to withdraw the funds from the remaining two companies. The total amount of PF has to be around 3 lacs.
        Is there anyway we can claim the PF and pension?

      • #13633 Reply
        Brighthawk4837
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          B
          Brighthawk4837
          PARTICIPANT
          April 16, 2025 at 2:00 pm
          This is for everyone. Whenever you change your job, when you receive the first PF from your new employer, transfer funds from old employer to new employer.

          DO THIS FOR EVERY SWITCH, this will prevent headaches to deal with multiple companies for PF and you only need to worry about the latest / last one.

          • #13634 Reply
            Brighthawk4837
            Participant
              B
              Brighthawk4837
              PARTICIPANT
              April 16, 2025 at 2:02 pm
              I got this done for my entire team because I know how our government and HRโ€™s are.

              Saw some of my seniorโ€™s juggling between 3 to 4 companies just for PF because they didnโ€™t transfer the amount and was in the respective company.

              • #13635 Reply
                Mightypanda2324
                Participant
                  M
                  Mightypanda2324
                  OP
                  April 16, 2025 at 2:37 pm
                  My father is running his own business now , what should we do?

                  • #13636 Reply
                    Brighthawk4837
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                      B
                      Brighthawk4837
                      PARTICIPANT
                      April 16, 2025 at 3:49 pm
                      AFAIK if situation like these arises where companies are not supporting, visit nearby PF center and submit claim form.

                      The last company should have marked your dadโ€™s exit i.e. the date when is left the company.

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