Section 22 of the Code on Social Security, 2020 – Transfer of accounts

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Section 22: Transfer of accounts

Where an employee,—

  • (a) employed in an establishment to which this Chapter applies, relinquishes his employment therefrom and obtains employment in any other establishment to which this Chapter applies or not; or
  • (b) employed in an establishment to which this Chapter does not apply, relinquishes his employment therefrom and obtains employment in an establishment to which this Chapter applies, then, his accumulated amount in provident fund account or pension account, as the case may be, shall be transferred or dealt with in the manner as may be specified in the Provident Fund Scheme or the Pension Scheme, as the case may be.

Source: official text of The Code on Social Security, 2020 as published on India Code (PDF). All sections of the Code on Social Security, 2020.

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