Partner - Risk Management
Srinath Sai Ram
Scheme Name Employee contribution Employer contribution Total
Employee provident fund 12% 3.67% 15.67%
Employees' Pension scheme 0 8.33% 8.33%
PF Member accrues interest on 15.67% of total contributions, and not on 24%.
15th May 2017 From India, Mumbai
16th May 2017 From India, Mumbai
have you downloaded your latest Member Pass Book? Please note that Employer Contribution to EPS @8.33% maximum up to will not earn any interest & the same is not reflected in Member Balance.I am sure your calculation is with out any documentary evidence.Please download the same & revert if there is any factual errors.
18th May 2017 From India, New Delhi