404 - The content no longer exists on our network.

But we found simillar discussions which you may find interesting... please review them below.

Search for "Deduction Pension Contribution Up 58 Years Age"


Pf pension age - over age pension deposit - age had crossed 58 even then his pension contribution did not stop
Dear senior good evening i have learned a lot from all of you i have just joined an organization in which a person is working since 2011 his age is 62 years when i filed ecr i saw that along with pf his contribution was also deposited in pension. if this is happening i immediately stopped his pension contribution and deposited all the money in pf now tell me that the person has been working for about 15 years now how will his pension be started and also tell me when his age had crossed 58 even then his pension contribution did not stop and for 62 years his pension contribution kept on accumulating. now i want to know how his pension will be started and also tell that his money can also be deposited in pf or not?
Pf after age of 58 years
Dear sir after attaining age of 58 years one sr. staff is extended his services for two years more. can we continue his p.f.deduction both share in p.f. column & pension amount will be zero & we can fillup 10d for pension .whether legally it is o.k. kindly advice pl. regards shailesh pandey
About pension
Respected seniors i want to know that one of my friend is working in a private ltd. company from past 10 years and now he is eligible for pension his deduction is around 1200.00 one side and now he want to leave the company. i have seen that like the people in army gets their pension just some time later when the took vrs or get retire without completing age 58 or 60years my question is if he leaves his job now is it possible to get his pension fund immediate after leaving from the company or he has to wait for 58 or 60 years at the age of retirement and if some time later he gets his pension how much he will get in his own hand? regards narendra
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?
Regarding a provident fund submission after 58 years age of employee.
Dear readers as provident fund is eligibile to employee till 58 years and but retirement age in company is 60 years. how we can process his pf contribution to pf authortrity or discountinue his pf contribution? did he can avail a pension now or after 60 years of service ? any procedure to apply for pension and document required.

In employees pension fund scheme the age is 58 years. but for provident fund no age is fixed. that means an employee who has attained the age of 58 ceases to be a member of pension scheme. at the same time if an employee joins an organisation after 58 years as there is no retirement age in private sector unless otherwise provided in the standing orders and if such an employee had not been a member of employees provident fund earlier then he will be covered and he has to contribute to pf. in such cases the employer will contribute the entire 12 to his epf account and not as 8.33 to pension fund and the remaining 3.67 to provident fund. in the similar way if a member of provident fund who has withdrawn his pf accululations on attaining the age of 58 and or who is in receipt of pension from the employees provident fund organisation joins a company he will be exempted from contribution. regards madhu.t.k