EPFO Rules on Interest: Do you also do a job and get your salary deducted from your salary every month. If yes, then a question must have come to your mind that what will happen to the amount deposited in my PF account after leaving the job. Will we get interest on it even after a job? Employees Provident Fund Organization (EPFO) has given information to this question.

What about PF money after job?

According to the Employees Provident Fund Organization, if an employee leaves the job or suddenly his job goes away, his PF account is also considered active. In such a situation, according to the guideline of EPFO, as long as your PF account remains active, interest is received on it.

How long does interest get interest?

But if you have quit the job, then the government pays interest on those money for 3 years from the last credit date deposited by your company in that account. In directly, you get interest on those money for 36 months from the date of contribution in your account.

Pension entitled for one month job also

EPFO has implemented a new rule for jobbers. Under this rule, if a person works in an institution or company for a month and his EPS account remains active during that time, then he will be entitled to get pension. This means that the EPS contribution of employees will not go in vain. This will also benefit temporary, contract basis and employees working for short time. Earlier, any employee was required to work at least 6 months in an institution.