How to withdraw pension contribution in epf

Representative Pension Scheme is a plan which happened in 1995 by EPFO to guarantee that every one of the workers of the coordinated area gets benefits subsequent to turning 58. The advantages of annuity are accessible for individuals from EPFO who have worked for something like 10 years. So since we have sorted out what benefits or EPS is in EPF, let us discuss how to pull out annuity commitments in EPF.

Source: The Economic Times

How to pull out annuity commitments in PF on the web?

There are two cases in which the EPF account holder might need to pull out of the Pension. I will share the subtleties of the structures you should finish up and submit to pull out your annuity. Here you go:

Structure 10C

In the event that you are the recipient of EPS or benefits who wishes to pull out your annuity prior to finishing 10 years of administration then you should apply for annuity withdrawal utilizing Form 10C.

Structure 10D

Assuming you are the EPF part, candidate, widow, single man or offspring of the recipient who wishes to pull out benefits in the wake of accomplishing the age of 50 years then you’ll need to submit Form 10D.

You can pull out your benefits on the web. Here is a gander at the web-based process:

1. Go to the authority site of EPF and sign in utilizing your qualifications.
2. You should enter your UAN and secret key
3. Presently you will find a tab expressing ‘Online Services
4. Click on the significant structure (Form 10C or Form 10D) from the menu
5. Check your subtleties like work status, KYC, and part subtleties
6. Presently fill in the last 4 digits of your ledger and sign the endeavor
7. On the following page, you should check the imprint ‘I need to apply for and select the best choice for annuity withdrawal
8. Go to getting the Aadhaar OTP choice.
9. Enter the OTP and click on ‘Approve OTP and Submit Claim Form’
10. The sum will be moved to your record in the wake of finishing this cycle.
11. That is all there is to it, this is the manner by which to pull out annuity commitments in EPF on the web.

Pull out PF and the EPS with Aadhar Card:

1. Actuate your UAN (Universal Account Number)
2. Fill your ledger subtleties and your Aadhar card number on the UAN entrance.
3. Present a filled Form 11 (new) to your boss
4. Present a filled Composite Claim Form (Aadhar) to the concerned EPFO office alongside a dropped check.
5. Pull out PF and the EPS without Aadhar Card:
6. Submit two duplicates of Form 15G/15H if pertinent.
7. Outfit your PAN card number assuming that the assistance period has been under five years.
8. Outfit your UAN in the event that accessible, on the off chance that not, present your PF account number.
9. Present a filled Composite Claim Form (Non-Aadhar) to the concerned EPFO office.