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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
Thanks in anticipation to get some reply.
-- RANA
If you are a EPF member, you area automatically covered under EPS but Nos are different. Pl.contact your employer. Regards R.Ponraj
dear rana if you are a member of EPF than you are member of EPS,number is same for both. regards j s malik
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
Regards
R.Ponraj
What is the minimum amount of contribution for pension for pension Scheme and when can be person elgible for withdrawal of pension
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
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
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
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
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
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
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