New Delhi: PF money is deposited to secure the future of an employee. PF is an account from which an employee gets a lump sum of money on retirement. Under the EPFO account, both the employee and the organization or employer contribute equally. The same amount of money is deposited in the account. That amount is deposited every month. Although the money is deducted from the employee's salary, the employees often do not understand whether the money is being deposited by the organization at a certain time or not. Therefore, it is important to take care of how much money the organization is depositing, whether it is depositing at all. Because PF money is right of an employee.
Recently, it was alleged that Baiju failed to deposit money in the Employees Provident Fund Organization. Later that deposit was made very late. Employees need to know, what to do if the employer does not deposit money?
If you find that there is no contribution from the organization in your EPFO account, contact EPFO. According to experts, the employer or the recruiting agency should inform the EPFO that the money is not being deposited. Written complaints can also be lodged at the PF office.
The necessary documents must be submitted to file the complaint. The employee must provide sufficient proof. Salary slip and EPF statement should be given. If the allegation is found to be true, then the organization or employer will have to deposit the entire remaining amount.
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