Need Expert Advice?Our Gurus Can Help

Ramalingam Kalirajan |8013 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Asked by Anonymous - Apr 28, 2024Hindi

Sir namaskar 10 Sal 4 Mahina Mera service ho gaya tha 58 year ke bad pension Mein contribution band ho gaya tha Uske bad bhi final withdrawal Mein reason 55 year ka reason de rahe hain Aise Mein Main Kya kar sakta hun

Ans: Namaskar! You have completed 10 years and 4 months of service. After the age of 58, your pension contributions stopped. However, during final withdrawal, you are facing an issue with the reason being marked as 55 years.

Steps to Resolve Your Issue
Contact EPFO Office: Visit your nearest Employee Provident Fund Organization (EPFO) office. Explain your situation in detail and provide all necessary documents.

Document Verification: Ensure you have all relevant documents, such as your service certificate, age proof, and any previous communication with EPFO. These will help in verifying your correct service period and age.

Grievance Redressal: Use the EPFO grievance redressal portal. Register your grievance online and track its status. This can expedite the resolution process.

EPFO Grievance Portal: EPFO Grievance Management System
Employer Verification: Contact your employer’s HR department. They can verify your service records and provide additional support or documentation to correct the age error.

Correction Request: Submit a formal request for correction in the age/years of service in your EPFO records. This should be done through your employer or directly at the EPFO office.

Additional Tips
Follow-Up: Regularly follow up with the EPFO office. Persistent communication can help speed up the process.

Keep Records: Maintain copies of all correspondence and documents submitted. This will be useful for future reference and any potential follow-ups.

Seek Help: If you face difficulties, consider seeking help from a Certified Financial Planner. They can provide guidance on managing your pension and retirement funds effectively.

Conclusion
Addressing the discrepancy in your pension records is crucial. By following the steps above, you can correct the error and proceed with your final withdrawal smoothly. Stay patient and persistent.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.