Business Studies, asked by wwwamangarg8877, 1 year ago

Why employee pension is not transferred from one company to another

Answers

Answered by J684
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Answered by PravinRatta
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Answer: According to the laws related to employee provident fund which does not allow an employee to transfer EPF from one company to another.

Explanation:

When unemployed gets into a company, the company e provides him with the facility of EPF. Actually, EPF money cannot be transferred from one company to another company. If an EPF is register under a particular company it will stay under a particular company until its maturity or till the employee leaves the company after the 10 year of its service.

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