guyes this not the cases n recent cases wht ever we are discussing is wht we allredy have in the books i go through this jsut bcoz i thought tht i could get some real cases happend n requred doccumentation etc. not the provision which are allredy available.
From India, Pune
things are not the same.
it is true that every employees should be enrolled for epf from the date of joining
what about exempted employees who fill up form 11
what about the maximum slab of 6500 prescribed for exemption
there are many aspects of this law, i am a practitioner of this Act since the last more than 12 years seeing the pros and cons of this act
to me and to most of the establishments the act is a mere confused tool for the epfo to extort monies originally not due under the pretext of practising powers under the act\
adv prasiddh narayan, goa

From India, Karwar
for domestic enquiry, it is not compulsory for an enquiry officer to be a law graduate. it is a temporarily natured quasi judicial proceeding.
however the enquiry officer should hold the enquiry using all fair means and arbitrarily letting out every opportunity to both the parties to furnish their says / replies and put i writing the grounds / justifications / arguments of the matter since the matter if taken for an appeal, the enquiry officer stands to be a witness in the court proceeddings
thanks and regards
\prasiddh narayan 9765664475/

From India, Karwar
If an employer has been contributing at actual rates (in excess of 6500/-) to PF, there will not be any additional burden to employer; in opting EPS contribution for beyond 6500/- Also there is no upper limit for Eps-95 pension. Ceiling is only applicable to pensionable salary, but not pension.

For pension calculation, the service will be taken into 2 parts. Service before 16.11.95 and service w.e.f 16.11.95. The first one is called as past service and latter one as pensionable service. Past service is divided into 4 slabs. Service upto 11 years, 12 to 15 years, 16 to 19 years and 20 & above. If the salary on 16.11.95 is below Rs. 2500, the monthly compensation will be Rs. 80, 95, 120 & 150 respectively. For Rs. 2500 & above this will be Rs. 85, 105, 135 & 170. This amount is for those who attain 58 years on 16.11.95. In the case of those attain 58 years after 16.11.95, the above compensation will be multiplied by a factor stipulated in table B, according to the difference between 16.11.95 and the date of completion of 58 years.

For pensionable service there is a formula to calculate pension. It is Pensionable Salary x Pensionable Service / 70. Pensionable salary can be categorised in to 3. 1) Below Rs. 6500. 2) Rs. 6500 & above, but contribution on statutory celing of Rs. 6500. 3) Above Rs. 6500 & opted to contribute on actual salary. In case of 2nd, pensionable salary is Rs. 6500. In other two cases, pensionable salary will be the average of last twelve months. Also if pensionable service is 20 years & above 2 year's bonus will be given.

For details please see the web site : <link updated to site home>

One example I shall quote.

Date of Birth - 2.1.1961

Date of join - 23.2.1987

Salary on 16.11.95 - Rs. 2500 & above

Salary on completion of 58 years on 1.1.2019 - Rs. 6500 (Statutory Ceiling)

Past Service - 8 yr 9 m (approx) rounded to 9 years

Compensation - Rs. 85

Factor as per Table B (for less than 24 years, i.e the difference between 16.11.95 & 1.1.2019) - 6.102

(This can be calculated as 1.08 to the power of 24 - 0.5, correct to 3 decimals)

Past Service Benefit - 85 x 6.102 = Rs. 519 - (A)

Pensionable Service - 23 years

Bonus (Service is 20 & above) - 2

Pensionable Salary - Rs. 6500

Pensionable Benefit - 6500 x 25 / 70 = 2321 - (B)

Total Pension - (A) + (B) = Rs. 2840

I shall insert Excel work sheet to calculate pension. Enter Date of Birth, Date of Join, Date of Seperation from Service, Salary on 16.11.95, Salary on Seperation from Service ( in compliance with the contribution to pension fund) and break in service before and after 16.11.95, if any in green colour column. The results will appear in yellow colour column. The red colour is for static information.

In case of any error or suggestion, please notice to me.



ITI Employees' Association,



+91 9447 467 667

From India, Bangalore

Attached Files
File Type: xls EPF Pension.xls (21.5 KB, 134 views)

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