No Tags Found!


Dear friends,
EPFO has stated that henceforth no permission will be accorded for contribution under EPS on wages higher than the statutory limit under Para 11(3) of the Scheme. Copy of circular dated 8.11.2013 in this regard is attached for your information.

From India, Malappuram
Attached Files (Download Requires Membership)
File Type: pdf No contribution on salary exceeding statutory limit under EPS 8.11.2013.pdf (101.5 KB, 2122 views)

Company Secretary In Practice
Law Practice
Srinath Sai Ram
Hr Manager
Subject Matter Expert
+1 Other


Pl refer another circular issued by EPFO on 8.11.2013 (copy attached) which states that retrospective effect can be given to higher salary in case of EPS in case interest and damage are paid.

From India, Malappuram
Attached Files (Download Requires Membership)
File Type: pdf Pension on higher salary if intt & damage paid 8.11.2013.pdf (26.7 KB, 437 views)


Truly, PF Office has passed a joke of the day by sending circular nos. 528 and 529 dated 8-11-2013 which appear to be contradictory to each other. One Circular says, contribution on higher Wages is permitted by retrospective effect and the same authority in the other Circular says contribution on higher salary is not allowed.
However, it may be pointed out that, contribution on higher salary will not be allowed henceforth. It means, those who are contributing on higher salary can continue so. No new case will be allowed. OK. Now, coming to circular of retrospective effect, it simply allows you to contribute on higher salary by paying interest and damages from a back date. Meaning it nullifies the restriction of earlier circular.
I think PF Office made a joke of Year. It seems a new laughter service has been started by EPFO.

From India, Kolhapur

In view of enclosed Kerala high court order and supreme court confirming Kerala high court order PF authorities have to permit members to contribute on higher salary
From India, Mumbai
Srinath Sai Ram

FPF Membership from 01/12/1973 ti 16/11/1995 will be taken in to consideration at the time of deciding Pensionable Service.EPS Membership from 1995 till the date of Retirement or attaining the age of 60 Years will also be taken in to consideration for deciding Pensionable Service.
You have mentioned Date of Retirement as 31-10-1953. what is this.Further, what is your Contribution to EPS(EPS Wages beyond 15000)

From India, New Delhi

is any age limit mentioned in the EPF act. Is management contribution necessary after the retirement age of 60
From India, Sivakasi
Get assignment assistance from the quality experts of Australian Assignment Help at:
From India, Jaipur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.