What is PF transfer procedure and how much is for pension%?



My previous company’s deduction from my side, it is nearly Rs.50000/- for PF and same from company side.But transfered amount is only Rs.75000/-.
I asked to my friend regarding this and he is telling that the balance 25 to 27% will be in pension fund,they won’t inform this but it will get transfer along with Rs.75000/-.

Is it true?please give detail regarding this.

What is PF transfer procedure and how much is for pension%?
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One Reply to “What is PF transfer procedure and how much is for pension%?”

  1. PF of 12% +12 % is deposited to PF. Out of this, 8.33 % of your contribution, maximum of Rs.541.45 goes to pension fund.
    Every year PF office provide account slip through employer. So pl ask for PF slip to your previous employer.





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