Ritirement

Dear Sr,committe Members.,
Our comp.is suiated at Pune.we are thge channel partner of GRUNDFOS-Manufacturying of various Pumps.
Our comp policy.retirement Age is 60 yrs.one of our Employee is complrting 60 yrs in March 2020.
He is working as a Reginal Manager-Sales.comp.wants to retain him for another Two yrs.
We cannot take him on Roll.as after 60 yrs we used to take his.resignation & make full & final.
we cannot Deduct his P.F.as he is entitled for Pension.
so how we can tKe him?At present his gross salary is 62,000/-p.m.
we genarally use to take him As a Consulatnt.but reduce salary & reduce timing.only he has to attend daily.
Can we take him on retinership/contract basis-what is the terms & conditions?
Kindly advice at the earliest.
Jayant Nisal
corporate Manager-HR/IR

7875757963

You can go ahead with the proposal of taking him as Consultant with consolidated salary and timings mutually agreed between your employer and him.
But I need to mention one point, which you mentioned that we used take resignation letter from him on his retirement which is not correct, rather you can give a letter mentioning that the employee completes his service and superannuated on his attaining age of 60 years. This letter has to be given to him at least six months before of his retirement date.

To
Kumaracme
Dear sir,
Thanks for your valable advice & ofcourse for prompt reply.
do have any formet for retainership/consulatant.pl.send me on my mail id

Jayant Nisal
corporate manager-HR/IR
7875757963