What happens to my PF after leaving job?
Rachel Hernandez
Updated on March 22, 2026
Simply so, how long can you keep your money in EPF account after leaving your job?
58 years
Also, how is PF calculated after resignation? Interest on the Employees' Provident Fund (EPF) is calculated on the contributions made by the employee as well as the employer. Contributions made by the employee and the employer equals 12% or 10% (includes EPS and EDLI) of his/her basic pay plus dearness allowance (DA).
Similarly, will I get interest on my PF amount after leaving job?
However, while the accumulated balance up to the date of retirement or end of employment is not taxed, any interest earned on the PF account post resigning, retirement, or end of employment is taxable. If the account is inoperative, then it does not earn further interest.
Can keep savings in EPF up to 100 years?
Interestingly, the dividend payment limit has been raised from 75 to 100 years of age to allow for members to continue contributing and keeping their savings with the EPF, thereby benefitting from the compounding effect of the remaining funds left in their account.
Related Question Answers
What happens if we don't withdraw PF?
Even when you leave the job, the amount deposited in your PF account continues to earn interest. After retirement, you can continue to earn interest on your PF deposit if you don't withdraw. Your account will become inactive three years after retirement. There is no time limit for withdrawal of Provident Fund dues.Can we withdraw PF amount after 10 years of leaving company?
PF and EPS amount cannot be withdrawn after the completion of 10 years of your service because if you have completed 10 years of your service, your employer will necessarily have to provide you with the pension benefits.Do we get double PF after leaving job?
Every salaried professional is aware that a certain amount from their salary is deposited into their Employees' Provident Fund every month. If any employee doubles his monthly contribution making it 24% of basic from the default setting of 12%, then the amount in his PF fund will itself double.Can I keep money in EPF after retirement?
If you keep your EPF investment intact till retirement, what you get on retirement is completely exempt from tax. But remember that if you delay withdrawing your EPF corpus, any interest earned on the EPF balance post retirement is taxable.Can I withdraw my PF immediately after resignation?
Under the existing rule, employees who resign from a job before they turn 58 years of age can withdraw the full PF balance (and the EPS amount depending on the years of service), if he/she is unemployed for 60 straight days (two months) or more after leaving a job.Can I withdraw my PF without resigning?
U cannot withdraw your pf without leaving your job. You can withdraw part of your amount for various purposes like Illness, without leaving your job. If your Aadhaar and bank account is linked with your UAN you can apply online other wise apply in composite claim form for PF part withdrawal.Is withdrawing PF a good idea?
If you withdraw, you will completely lose out on future interest. For decades, Bollywood movies have shown PF (provident fund) withdrawal as a saviour for people during financially challenging times. The salaried are inspired to do so because of the easy access to EPF without any conditions.What is the interest rate on PF?
Govt notifies 8.65% interest rate for over 6 crore EPFO members for 2018-19. The EPFO has been settling EPF withdrawal claims at 8.55 per cent interest rate, approved for 2017-18. Now, the EPFO will settle accounts on higher rate of 8.65 per cent for 2018-19.What is the EPF interest rate for 2020 21?
The EPFO in September 2020 decided to retain 8.5 per cent interest rate. But, it had spilt the rate of return into two components of 8.15 per cent (from debt income) and 0.35 per cent (from capital gains) from the sale of ETFs (exchange-traded funds), subject to their redemption by December 31, 2020.Do we get interest on PF?
The interest rate on EPF is set by the EPFO's central board of trustees every year and vetted by the finance ministry based on market conditions. For example, the rate for the 2016 financial year was 8.8%, the rate of 2017 financial year was 8.65% and the rate for the 2018 financial year is proposed to be 8.55%.Is PF withdrawal taxable?
Withdrawals after completion of 5 years of continuous service in the EPF are tax-free. For withdrawals before completion of 5 continuous years towards the scheme, the employee will be taxed 30% of the principal amount and the interest accrued if he/she has not submitted their PAN to the EPFO authorities.How can I get my old PF amount?
1) Log into your EPFO account with UAN and password. 2) Go to 'Online services' and click 'One Member - One EPF Account (Transfer request). 3) Verify personal information and PF account for present employment. 4) Click on 'Get details' after which PF account details of previous employer would appear.What to do if PF account is inactive?
If you have an unclaimed account, here's how you can liquidate it immediately:- Log on to
- Select the 'For Employees' section and under that click on 'Inoperative A/c Helpdesk'.
- Once you do that, you will be directed to the helpdesk page.
Can employer share be withdrawn from PF?
You can withdraw your contributions + interest portion only. The employer's portion can be withdrawn after attaining the retirement age (58 years). You can not withdraw full EPF amount before attaining the retirement age.How is PF salary calculated?
Calculation of PFPF contribution has to be made both by the employees and the employer. The contributions get accumulated in the provident fund in the name of the employee. The contribution of the employer is 12% of the basic wage plus dearness allowance or DA. The employee makes an equal contribution.
