EPFO Update: PF employees have very important good news related to fund withdrawal. Now, the PF amount will not be deducted due to a mismatch of dates. EPFO has given this good news for PF employees. If there is overlapping in the service period between two jobs, that is, the dates do not match, then the PF transfer claim will not be rejected just because of this.
EPF has issued a circular and given this surprising information. Due to this, enthusiasm is being seen on the faces of PF employees. Now it will be easy to get the PF claim. What has EPFO said about this? You can know all this below in the article.
EPFO said a big thing
EPFO has said a big thing in this decision related to PF employees. EPFO has said a big thing. EPFO observed that many regional offices were cancelling PF transfer claims only because the dates of service were overlapping in the records of the old and new employers. But this often happens due to some common and correct reasons.
If there is a delay in recording the last working day of the old employer, suppose if you join the new company early. Suppose there is a typing or managerial mistake in the record. Due to these small reasons, there was a delay in transferring the PF of the employee. EPFO clearly said that if there is any reason behind the overlapping, the claim should not be rejected.
Know what the overlapping service period is
For information, let us tell you that when the date of an employee getting free from the previous company and the date of joining the new institution clash or cross each other, it is called an overlapping service period. Many times this happens due to a technical mistake or the wrong entry of dates.
There is no fault of the employee in this. For this, the employee should keep their joining and revealing letters properly while changing jobs. Along with this, keep the Aadhaarr card number linked to the PF account.