Thread Started by #pranay patil

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.
8th March 2019 From India, Delhi
There is no age limit for Provident Fund. However, for claiming Pension you have to complete 58 years. Now, even after 58 years you can contribute PF and also to Pension Fund. Earlier there was an instruction that the entire amount payable by the employer shall be contributed only to PF without bifurcating it as 8.33% to Pension Fund and the remaining only to PF. Now EPFO permits payment to Pension Fund till 60 years of age.
8th March 2019 From India, Kannur
Dear Madhu:
Can you share any circular or guidineline on "Now, even after 58 years you can contribute PF and also to Pension Fund" It will help us to support employee interms of penstion contunity as in our compnay retirement age is 60 years.
Looking forward your support!
15th April 2019 From India, Delhi
Please find the attachment. The circular says that you can defer collection of pension for 2 years from 58 years of age and by doing that your pension also increases.
16th April 2019 From India, Kannur

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File Type: pdf Pension-deferring till 60 years.pdf (1.37 MB, 97 views)

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