No Tags Found!

parwejkhan
3

Greeting All,
Sir i do have same problem but the employees are neither attained the age of 58 nor completed their 10 years of job and they want to withdraw their full amount of pension fund.
Thanks & Regards
Parwej Khan

From India, Calcutta
S.L.Chopra
10

Ankita ji
After age of 58 yrs when concerned employee withdraw amount of PF then it depend on your management to deduct PF amount or not. but mgt not bound to deduct. if management opt. to deduct PF amount in this case whole deducted amount will deposit in PF A/c No 01 only.
In case of when concerned employee not withdraw his/her PF amount and contnuing job in this case PF contribution must be deducted and deposited in A/c no 01 only.
During service period no any member can withdraw his/her pension Fund amount, can with draw only PF amount from a/c no 01.
Thanks
S.L.Chopra

From India, Suri
Venu Babu Mannem
IF an Employer Contribute To PF Account To the Employee Even He Is Attening The Age of 58 So how to Withdarw PF Amount
From India, undefined
Raja Md
Asalamu Allaikum, Sir, IF an Employer Contribute To PF Account To the Employee Even He Is Attening The Age of 58 So how to Withdarw PF Amount
From India, Chennai
Anonymous
6

Should pay 12% of PF contribution. Hope the last comment will be useful for you..
https://www.citehr.com/512817-pf-con...-58-years.html

From India, Hyderabad
easy gupta
HI,
One of my employee turns to 58 on december 2017 (his joining date was 01/4/17, means he is working from 9 months only) now he is continuing to our organisation.
Now what should he has to fill any form for this ??
and how to treat his epf & eps share ??

From India, Howrah
syed-rafeek
1

Sir,
In my organisation two employees have already attained 58 years and as per company rule they can work till 65 year. we are still deducting PF and regularly depositing to EPF as usual. Kindly suggest the following :-
(a) How much to be deducted from the employee i.e %
(b) Employers' contribution
(c) Distribution to deposit in various accounts i.e. 8.33 % and 3.67% etc.
(d) How to revert back the amount already deposited in EPS
(e) Can the employees are eligible for EPF pension

From India, Bengaluru
santoshgh6816@gmail.com
Hi, We are retaining one employee after attaining the 58 years, presently we are deducting his PF & ESI, now we are continuing his service in this case can we discontinue his PF and continue only ESI is possible.
If we consider him as consultant than what are the benefits we should provide.
pls help me.

From India, Bangalore
Harphool
I attained 58 years of age and still continuing service I was employed on CTC basis and suddenly my EPS portion in not being contributed due to attening of 58 years of age but EPF part is being paid regularly .Now CTC is decreased as promised by company. How I get my EPS portion. Either in gross or in EPF?
From India, Delhi
vmlakshminarayanan
919

Hi,

Pension contribution stops after 58 years. However Employer should remit the pension (8.33 %) contribution to your PF account. Please check in your PF Passbook login whether pension contribution is added to your PF contribution.

From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.