National Pension Scheme can be replaced with Provident Fund?

Alpa Borsadiya

As an employee can I choose to be in Pension Scheme or to be in Provident Fund Scheme? Both being pension funds, can i request employer to contribute in pension fund in stead of provident fund.
7th May 2019 From India, Surat

Add Reply → Start New →

vmlakshminarayanan

919

Hi,
No. EPF & EPS is statutory and compulsory on the part of Employer. Even if you place a request with your Employer, your Employer cannot do so. However, as a individual you can invest in NPS but you will not get tax exemption as you were already covered EPF & EPS.
7th May 2019 From India, Madras

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.

Other Discussions That May Be Relevant

If i quit my job will i get pf full amount including pension scheme and gratuity?

Provident fund and pension scheme in india - xls download

Pf goes to pension scheme - 10 years of service but not 60 years?

Related Files & Downloads Shared By Members

 National Pension Scheme.docx

 NATIONAL PENSION SCHEME-WHAT TO NOTE.docx

 PF & Pension Amdmt Scheme 2010 for IW.pdf

Interest Tags

Trending Tags

Trending

National Pension Scheme can be replaced with Provident Fund?

Login Or Register