Unclaimed PF What happens to PF Money if withdrawal is not done

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📚Payroll, Excel Labour Law Courses for career growth: https://lpt.institute/courses/ • ..................................................... • 💸DEMAT Account: https://link.lla.in/Demat • ..................................................... • QuickPayroll: https://quickpayroll.in/ • ..................................................... • Every so often it happens that EPF members forget about the money in their PF account. This might be because they don’t keep a track of their PF account, UAN, and other deeds. Since they do not have enough knowledge of EPF. Or maybe upon their death, their nominee is not aware of a PF account. Hence, the nominee never claims the PF money on behalf of the deceased member. This unclaimed PF money issue is widely prevalent in the country. As also stated in the 2015 budget speech by Late FM, Arun Jaitley, some Rs 6000 crore unclaimed PF money lay in the PF accounts. This amount might have only increased by now. Thus, in this video, we discuss the issue of unclaimed PF money and how to resolve it. • ..................................................... • Chapters: • 00:20 Reasons for not claiming PF money • 01:19 Timeline of typical EPF account • 02:05 Unclaimed PF after retirement • 02:40 Claim PF via Court order • 02:50 Recommendations when switching jobs • ..................................................... • PLAYLISTS : • Money Frauds You Must Know: https://link.lla.in/LLA-PL-Money-Frauds • Life Insurance Guide: https://link.lla.in/LLA-PL-life-insur... • Demat Account Guide: https://link.lla.in/LLA-PL-Demat-Acco... • Income Tax: https://link.lla.in/LLA-PL-Income-Tax... • Jagruk Talks S2: https://link.lla.in/LLA-PL-Jagruk-Tal... • Business Basics: https://link.lla.in/LLA-PL-Business-B... • ABC of Personal Finance: https://tinyurl.com/LLA-Financial-Adv... • Labour Law Crash Course Series: https://tinyurl.com/Labour-Law-Crash-... • Social Security Schemes: https://tinyurl.com/LLA-Social-Securi... • _____________________________________________________ • Follow us on Social Media📲 • Twitter: https://link.lla.in/LLAtwitter • Instagram: • Telegram: https://t.me/JoinLLA • Facebook: https://link.lla.in/LLAFB • ..................................................... • 📰Get the LLA newsletter for FREE: https://labourlawadvisor.in/newsletter/ • 🕵️Employment Consultancy, Contract Review, Salary Structure Review: https://www.consult.lla.in/ • ..................................................... • #EPF #PFClaim #PFWithdraw #20lakhcrore

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