dev13
Hello,
I understood from Sep'14 onwards new rules came in and new joinees to EPFO scheme will only get to join NPS and EPS no longer applied.
I happen to have PF (and EPS) account from past 6 years with EPFO Bangalore.
I joined a new company this month and Finance team at my new employer were asking to take-up NPS.
But would like my EPS contributions to continue until my retirement, as I see more benefit
there in EPS as I put in more years of service before retirement than NPS.
I heard that I need to fill some "new form(s)" for carrying forward EPS, can you please guide me on the process?
Regards,
Dev

From India, Delhi
dev13
I found out that revised form11 (declaration) should be submitted for the same. I am still checking with my employer to see how monthly contributions would still go to both EPF and EPS.
From India, Delhi
sumitk.saxena
252

Dear sir, As per desire i am enclosing the same with circular with epfo. Thanks & Regards, From, Sumit Kumar Saxena
From India, Ghaziabad
Attached Files (Download Requires Membership)
File Type: pdf Manual_NewForm11_30992.pdf (264.4 KB, 136 views)

Vidyadhar Bhat
73

Dear Dev,
For the members who are newly joined to EPF and whose PF wages are above 15000/- will not be member of EPS. and No diversation of 8.33% will go to EPS, all the contribution will go to EPF only.
If you are old member of EPF, in the form 11, you have to mention your PF no and / or UAN and EPS will deducted, only new employer has to Map the UAN.
It is not mandatory to join NPS. It is optional. Even being member of EPS you can pay NPS.
Thanks,
Vidyadhar Bhat

From India, Pune
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