Form 10C
A claim for Employee Pension Scheme settlement is made with the help of Form 10C. The Employees’ Provident Fund Organization (EPFO) provides this form for employees to use to claim their pension benefits. In India, the Employee Pension Scheme, which is a component of the Employees’ Provident Fund (EPF) scheme, can be claimed using Form 10C.
To utilize Structure 10C, the employee priority finished somewhere around a decade of administration, and their EPF record ought to have been out of commission for no less than two months. Furthermore, workers can likewise utilize Structure 10C to guarantee benefits on the off chance that they are resigning, leaving, or being ended from their work. Employees are required to provide details about their previous employment and the reasons they left.
The employee’s name and address, information about their previous employment, and information about their EPF account are all required to be included on Form 10C. The employee and their employer must both sign the form before it can be sent to the appropriate EPFO office. After accommodation, the EPFO will check the data gave and process the employees case for annuity benefits.
In conclusion, the Employee Pension Scheme’s Form 10C is an essential document for employees who are eligible to receive pension benefits. The EPFO office must be notified promptly of any incomplete or inaccurate information provided by employees on the form. The EPFO will then, at that point, process the case and furnish the worker with the annuity helps that they are qualified for under the plan.