I am a member of eps since Oct 2010. Currently if I am switching jobs and want to opt out of EPS how could I do that??
Pls note that basic exceeds Rs. 15,000 but I would not be unemployed for 60 days.
If you are joining the new company and your Basic per month is more than Rs.15,000, then you can opt out of EPF (that also makes it to opt out of EPS). Your unemployed period does not matter here.
Sir I want to how withdraw my pension amount my service is 4years 8months if I transferred my epf my pension will become zero to withdraw my pension amount I am joining new job in next 2nd day of relieving from previous company if I opt for EPF withdrawal below 5years it is taxable if I continue EPF in new company I will lose pension amount suggest me best I don’t want to loose pension amount