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Food Corporation of India

Executive Staff Union


REG. NO. 1158

CPF Balance Transfer


from
One Zone to Another Zone
CPF
As every one have already seen in the pay slip, few amount is deducted in the
name of CPF.

That amount is always equal to (Basic + IDA) *12% , but we need to know that
equal amount is also contributed by Corporation (FCI) and both amount are
deposited to our CPF account.

Total amount remitted by Unit Offices to ZO and ZO further remit it to HQ.


Out of that amount those who joined before September-2014 for them Rs
1,250/- (8.33% of 15000) is deducted from corporation contribution and same
remitted to RPFC. After completion of 58 years of age we are eligible for
Pension, which given by RPFC.

Example : CPF for a month= (((Basic+IDA)*12%) *2)-1250.


CPF
Those who joined after September-2014 for them no amount deducted for remitting
RPFC as there Basic +IDA is more than Rs 15,000/-, employees also not eligible for
RPFC pension.
Example : CPF for a month= ((Basic+IDA)*12%) *2
FCI is exempted establishment and due to this FCI can have it’s own CPF Trust.
Being exempted establishment we have few benefits that our CPF claim can be process
quickly, each Union have their representative in CPF Trust.
On CPF we get Interest per annum which are equal to the rate of interest declared by
EPFO. We are lucky that our CPF Trust run by good Trustees and we get equal or even
more interest rate than EPFO.
All this amount we can withdraw in form of CPF advances, Part Final etc.
Consolidate amount released after Retirement /Resignation/VRS with interest.
To known the balance of CPF, you can download CPF slip though FAP/CPFSSP
Why CPF Balance
needs to transferred
Cat-I CPF is maintained by FCI, Hqrs.
Cat-II, III and IV CPF are maintained by respective Zones.

CPF Balance is transfer on below grounds.


1. When Cat-II is promoted to Cat-I.
2. When Cat-II, III or IV got permanent transfer from one Zone to another Zone.

Benefits of Transferring CPF Balance.


• Your balance maintained by your Current Zone.
• CPF withdrawals like as temporary advance, Part Final etc done smoothly.
• At the time superannuation CPF Final Payment claim processed in the
superannuation month.
Documents Required for
CPF Balance Transfer
• Hqrs Permanent Transfer or Promotion Order.
• All Reliving Orders ( Zonal/Regional and DO level).
• All Joining Orders ( Zonal/Regional and DO level).
• Form No. 11 (Enclosed).
• Form No. 13 (Enclosed).
• Copy of UAN Card with KYC as “YES”.
• Copy of Aadhar Card.
• Copy of PAN Card.
Need to send email of all this to CPF Division of Previous Zone.
• After all necessary formalities CPF balance is transferred by your Previous Zone to
Current Zone.
• New CPF Number allotted by CPF Division of Current Zone, wherein balance from
previous Zone is credited.
Form No. 11
Form No. 13

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