What is the use of Form 10C and Form 10D? EPFO members should know these important things

If you are employed and contribute some part of your salary to EPFO, you would know that your contribution and the employer's contribution are divided into two parts. One part goes into the EPF account and the other part goes into the EPS. If necessary, you can make partial withdrawal of funds from the EPF account. At the same time, any person can withdraw the entire fund only after remaining unemployed for two consecutive months or after retirement.

Similarly, rules have also been made regarding the amount to be deposited in EPS year after year. If an employee's contribution to the EPS account is for 10 years, then he is entitled to get pension from EPFO ​​after retirement. But if the contribution is less than 10 years then it can be settled completely and finally. Form 10C and Form 10D are required for EPS remittance. Let us tell you which form is useful when.

form 10 C also know the need for

As per EPFO ​​rules, if the employment period of an employee is not 10 years and he wants to make full and final settlement of his EPF, he can do so. In such a situation he will have to fill Form 10C. Apart from this, this form is also used to obtain pension scheme certificate. Through this certificate you can transfer your balance from one company to another.

form 10D's when used Is ,

If a person has been working for 10 years or more and is contributing to the EPF pension account, he can receive pension from EPFO ​​after retirement. In such a situation, to get pension benefits after retirement, they will have to fill Form 10D. Apart from this, if a person is entitled to receive pension from EPFO ​​in any other situation, then he will have to fill Form 10D.

EPF claim form 31 And 19's when is it needed ,

When you withdraw part of your PF balance or take PF advance to meet funding requirements during employment, you will need PF Withdrawal Form 31. It is also called EPF Claim Form 31. Withdrawal rules vary according to need. When you want to withdraw complete EPF funds you use PF Withdrawal Form 19. It is also called EPF Claim Form 19.