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Retirement age
Dear friends our company has policy of retirement age at 60 years now we want to increase this age by 2 years. kindly suggest the pro and cons of increasing this age particularly if there is any leagal requirment. hk
Retirement age of our existing company is 60 years but the working age of the merging company is 58 years
Dear fraternity i have been working in the automobile industries past 10 years now my age around 56 years. our company will be affiliated with our sister concern from april 2022. the retirement age of our existing company is 60 years but the working age of the merging company is 58 years. which of the following applies to me.
Gratuity calculation if employee retired from job at the age of 63 years instead of 58 years
Dear sir /madam suppose a person retired from his job at the retained age of 63 years instead of 58 years . then such condition the employer liable to pay gratuity to employee as his/ her last salary drawn at the age of 63 years / 58 years and accordingly number of service years counts as per his / her age of 63 years / 58 years. suppose at the age of 58 years last salary drawn rs 5800 and number of year service is 12 years . suppose at the age of 63 years last salary drawn rs 7375 and number of year service is 17 years . pl. advice me . regards 9158009792
Age limits for pf
Can we start a pf fund for an employee who is 58 years old???he is also partially handicapped..and will he be able to withdraw the pf if he works till 60yrs.i.e;2years....what if he continues on payroll even after he is 60 years of age...is there any upper age limit for regards leena
Extension of gratuity after the age of retirement in a company
Dear all in our company the retirement age is 55 years and there are few employees and directors who are still working in the company after the age of 55 i.e. retirement age. now my question is who to extend their gratuity coverage after the age of 55 years? we have lic group gratuity scheme. kindly let me know is there a process or form to be filed under group gratuity. regards smruti
Pf & esi age limits - if an employee attains 58 years of age what are procedure should be followed from employer's side?
Dear all i have a query about pf & esi age limit. 1. if an employee attains 58 years of age what are procedure should be followed from employer s side. 2. in case if a person worked at a company at 67 years of age employer contributes to pf it is mandatory or not and also company decides to stop pf contribution what should be done from employer s side. 3. what is the rule of the esi age limit. thanks & regards s.praveen.