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Group Superannuation Form

The document outlines the procedures for filling out Claim/Closure and Transfer Out forms for superannuation at Cognizant. It specifies withdrawal limits, required documents, and the process for transferring superannuation to another employer. Additionally, it notes that the processing time for both claims and transfers is approximately two months, with acknowledgment letters sent by LIC to the associates.

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Ena Vamshi Gadikota
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35 views2 pages

Group Superannuation Form

The document outlines the procedures for filling out Claim/Closure and Transfer Out forms for superannuation at Cognizant. It specifies withdrawal limits, required documents, and the process for transferring superannuation to another employer. Additionally, it notes that the processing time for both claims and transfers is approximately two months, with acknowledgment letters sent by LIC to the associates.

Uploaded by

Ena Vamshi Gadikota
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Group Superannuation Forms – Claim/Closure and

Transfer Out
Points to note while filling Claim/closure form

 Superannuation fund cannot be withdrawn in full but 1/3 or 1/2


portion of the contributions can be withdrawn (If an associate
served more than 4 years & 240 days in the present organization
then he/she can withdraw only 1/3 of the contributions)
 Remaining amount of contribution post withdrawal as stated above
will be converted as pension.
 Fill in the Employees Group Superannuation Claim/Closure Form
given below. Please refer Ann1.pentype to choose the type of
pension (refer the sample claim/closure form template given below
for guidance)

 Attach copy of PAN Card.


 Attach a cancelled cheque in support of the bank account into
which you want the funds to be deposited.
 Kindly fill the Mandatory field * Rate if income tax (%) to be
deducted in the closure form.
 If Pension type selected as (JLL-50%, JLL-100%, JLROC), kindly
attach nominee age proof (Aadhar card/PAN card/Passport).
 Send all the above filled in documents to the below given address
through courier:

Cognizant Technology Solutions India Pvt Ltd –


(Superannuation)
Emp Id
MEPZ-Special Economic Zone,
Plot No A-17, D-2, C-10 & C-1,A-15 to 17,B-20 & A-33
National Highway 45, Tambaram, GST road, Chennai-600 045

 The amount would be credited after 2 months from the date of


submission of all the above said documents intact to LIC.
 LIC would send an acknowledge letter to the associate to the
address mentioned in your claim/closure form and Cognizant.
Points to note while filling transfer out form from Cognizant to
another employer
 Apply for a transfer from Cognizant to other company’s
superannuation account by filling in the Form A given below.
 Please mention your current company Employee id and Current
company SA POC mail id in Form A.

 Send the filled Form A to the address given below through courier:

Cognizant Technology Solutions India Pvt Ltd –


(Superannuation)
Emp Id
MEPZ-Special Economic Zone,
Plot No A-17, D-2, C-10 & C-1,A-15 to 17,B-20 & A-33
National Highway 45, Tambaram, GST road, Chennai-600
045

 The forms will in turn be sent out to LIC and the transfer formalities
would take 2 months for completion.
 On completion of all the transfer formalities, LIC would send a
transfer intimation letter to the associate and Cognizant.

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