Provident fund and pension account balances must be transferred when an employee changes employment, under scheme rules. Section 22 requires transfer or dealing of an employee's accumulated provident fund or pension account when the employee leaves one establishment and ... Summary
Provident fund and pension account balances must be transferred when an employee changes employment, under scheme rules.
Section 22 requires transfer or dealing of an employee's accumulated provident fund or pension account when the employee leaves one establishment and obtains employment elsewhere, with the transfer mechanics to follow the procedures specified in the applicable Provident Fund Scheme or Pension Scheme.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.