I joined company A and worked there for 3 Years. Now I have switched and joined company B. EPF has two accounts. One for company A and one for company B. Now the problem is when I try to merge both the accounts it rejects my request as my basic salary in Company A was greater than 15000 and irrespective of that company A made a contribution in EPS (Employer Pension Scheme). Now without closing the EPS account from Company A there is no way to merge the EPF account.
When I contacted company A, they said they don't have any solution for this problem it's been 10 months with the same issue.
Any suggestions/solutions???
Have you trued transfer request on EPFO portal? It is the easiest government thing I have used
EPFO transfers were smoother before, now they are a pain. I have 2 UAN, and I have been following up for 2 years to get the funds transferred to my current employer but they are saying even though the previous employer has PF contribution transferred from every single PF account I have had (6), they did not get the EPS contribution and can not forward funds till they receive EPS. Connected to previous employers, raised offline claims to transfer EPS. All claims got settled. Still they will not transfer PF 😭. It's painful all that I had to do and still not getting any resolution
It is you past employers mistake to deduct EPS despite non-eligibility. Hence they have to rectify it by writing to PF authority that they had mistakenly enrolled you for EPS scheme although you were not eligible. Further they need to request transfer of such fund to your PF account.
Once thats done, transfer from EPF A to EPF B.
Agreed and I have mentioned the same on email. But they said that EPF don't have any defined process to so do this online.
Cannot happen online. Your employer has to write to them to move the EPS amount to the EPF account.
It's an offline request.
Amounts will be transferred only after close of books for FY and interest calculations are done. Typically around the June time frame.
same is with me. it's hugely cumbersome process as i understand.. if you're contributing 1.8k pm then let it go.. you can see later on if there's some new process Epfo does but rn i would suggest not worth the time. though if you get it done do let me know as wel
Problems:
I have switched 6 jobs till date, have transferred all money to current EPF. There wasn’t any hassle for me. While selecting transfer, I selected my latest company to do that for me. According to what I know, EPF stops giving interest if there are no funds coming to an account after 3 years of last credit.
@jumpinglucifer I am facing exact same problem. Last employer deducted EPS even though my basic was more than 15000pm. Tried transferring funds from last employer to current pf account. Got my request rejected for the exact same reason. They said contact PF office for this. Not able to find any solution and like you said, this money can't be withdrawn before 60. So, basically stuck!
The only solution I see here is visiting EPF office. But then what to do next is not sure.
Because I am damn sure visiting a government office once wont solve our issue
Opened my EPF statements and have noticed that I am not getting my EPF interest since 2021.
Important thing worth mentioning here is that I did not make contribution between May 2017 and Jan 2023 as I was working in another country.
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Ones who have done it before -
Thanks!
I started working in 2021 and my company is contributing to my epf as 8.33 and 3.67 percentage. That is, they are contributing to my eps.
But in 2014, epfo decided that anyone started job after 2014 should not contribute to eps.
Can so...
