How to check whether I am a member of "Employees Pension Scheme". If I have a EPF no. does it means that I have become an automatic member of "Employees Pension Scheme".
Thanks in anticipation to get some reply.
-- RANA
From India, Pune
Thanks in anticipation to get some reply.
-- RANA
From India, Pune
603
From employer PF contribution, 8.3% of your basic salary + DA if any or Rs.541.00 p.m. whichever is lower, will be allocated to EPS 1965. Central Govt. will further contribute 1.16% towards this scheme. This is automatic and no need to check.
Regards
R.Ponraj
From India, Lucknow
Regards
R.Ponraj
From India, Lucknow
Contribution to EPS is @ 8.33% on salary.
For pension
1. He has to contribute minimum 10yrs.
2. Either to complete 58 yrs age or releive service. However before 50 yrs there is no pension.
3.Pension before 58 yrs' age will attract 4% reduction in pension for each year.
Abbas.P.S, ITI LTD, Palakkad - 678 623
From India, Bangalore
For pension
1. He has to contribute minimum 10yrs.
2. Either to complete 58 yrs age or releive service. However before 50 yrs there is no pension.
3.Pension before 58 yrs' age will attract 4% reduction in pension for each year.
Abbas.P.S, ITI LTD, Palakkad - 678 623
From India, Bangalore
If you are enroll in EPF,then you are automatically enroll in EPS A/C No of EPF& EPS is same no sprat no to be alloted for EPS under PF act. Ratan
From India
From India
Dear Amirana,
If you have joined in EPF before 16.11.95 and was not a member of the then prevailed Familly Pension Scheme and also still continuing in the same job; then you will not be a member of EPS-95 automatically. But there is provision to opt EPS-95.
Abbas.P.S
From India, Bangalore
If you have joined in EPF before 16.11.95 and was not a member of the then prevailed Familly Pension Scheme and also still continuing in the same job; then you will not be a member of EPS-95 automatically. But there is provision to opt EPS-95.
Abbas.P.S
From India, Bangalore
I would like to know the procedure for getting pension by a member who completes his age of 58 by 1.12.2014 but ceased to be a member on 1.12.2001; having Eligible service of 8 years; pensionable service of 3 years; Salary on 15.11.95 Rs.1565; Last drawn salary being 4634/- Kindly guide
From India, Mumbai
From India, Mumbai
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#Subject List: epf scheme Country-India ic member pf act central govt pension scheme employees pension scheme pf contribution basic salary family pension City-India-Pune
PF & Pension Amdmt Scheme 2010 for IW.pdf
Employee Pension Scheme, 1995.doc
