Honeyanshi
Vice President (hr&ir)
Srinath Sai Ram
Hr Manager

Thread Started by #Anonymous

Hi !
Please help me for this issue.
An employee is attaining 58 years by 14 December 2017 , Can I able to make payment for his EPS in advance?
If Yes, Kindly share your Suggestions and ideas.
Thanks in Advance
Uday Kumar
11th November 2017 From India, Kelambakkam
After 58 year amount can not be contributed in EPS.
11th November 2017 From India, Pune
Dear Anamika, Employee Share of EPF towards EPS can not be remitted in advance.Employee has to earn Salary.From the salary, Employee share of EPF is deducted & remitted along with Employer share & other charges.What is the logic of paying advance contribution? will Employee be alive till Dec-2017? be specific in query?
In statutory matters there is no room for suggestions/Ideas
11th November 2017 From India, New Delhi
Rightly said can not be remitted in advance. Moreover, will not have benefit also because pension amount depend upon number of service years and average of last five years wages/salary under PF.
13th November 2017 From India, undefined
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