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Pf contribution after 58 years ????
Hi all need a confirmation. everybody know that the retirement age is now 60 years from 58years. is it true that employee after completing 58 years has no need to contribute to pf fund? i mean after 58 years a employee is no need to pay pf till he retires at 60 years. please confirm whether this is true or not? if true please provide me the link of government order g.o of the same. thanks and regards karthik
Epf after 58 years - is it compulsory by law to deduct their pf contribution?
We have retained some employees in service after their 58 years in our company retirement age is fixed at 58 years. but we retained them as they are still efficient and want to work. my question is it compulsory by law to deduct their pf contribution? employer should add full 12 to pf account or only 3.67 to epf waiting for your suggestions.
Joining a company at 58 years age (company fixed retirement age is 58 years)?
Dear all seniors please let me know whether a person aged 58 years completed 58 years join a company & getting rs. 15000 as gross salary. and company fixed retirement age is 58 years then he is eligible for provident fund pension fund & or not ? he is eligible for bonus or not ? he is eligible for or not ? he is eligible for gratuity or not ? if the company does not give any benefit to employee as pf esi bonus gratuity then it will be against factory act ? thanks & regards mohan
Regarding deduction of pf above 58 year's of age.
Is there any provision of pf not keeping employees above 58 years old
Employee completed his 58 years of service - can i process his pension or he has to withdraw pf also?
Dear fraternity one of my employees completed his 58 years of service. he is still continuing as an employee. we are deducting his pf and depositing both contribution in pf except pension. now he would like to draw his pension as he completed 58 years of service. can you please guide me how to proceed on this matter. can i process his pension or he has to withdraw pf also? please advise and guide.
Pf employer share of 8.33% deposited in pension a/c even after member attained 58 years of age
One of our members who joined the org at the age of 58 his pf contribution the pension portion of 8.33 should have been deposited in pf a/c. but due to ignorance it was deposited in his pension a/c. now when he has left the service and applied for withdrawal this part of the money pension a/c he was denied stating that at the time of joining he was already 58 years so it is rejected. now the question is how can he claim this money. where will this money go if the member doesn t get it?