Re: provident fund account
Arati Gawde
(Querist) 06 September 2013
This query is : Resolved
My friend is working in Private organization. She has PF Account. Now she is intending to change the Job & with the new organization she want to open new PF Account . Can She get her earlier PF amount with the fund which was “Diverted to Pension Fund” (This entry was mentioned on PF Account Statement). OR This pension Fund will get after the attening age of 58.
Raj Kumar Makkad
(Expert) 06 September 2013
There is no need to close the previous account and open new one rather the same account can be continued
Arati Gawde
(Querist) 06 September 2013
Sir, Thanks for Reply, but my query is in case if she close previous account then can that "Divered to Pension Fund" amount she get ?
Sudhir Kumar, Advocate
(Expert) 07 September 2013
BOTH PF AND PENSION FUND CAN BE TRANSFERRED AND THE PLANNING IS BENEFICIAL TO HER