Hi
In recent days we are seeing that PF transfer for employees who are first time joiner after September 2014 with wages more than 15000/-,their request are getting rejected from the EPFO asking for clarification.
There are employers who had enrolled the employees with wages more than 15000/- to the EPS Scheme after September 2014 and the employees are continuing the same scheme with the next organizations and are willing to continue with future organizations too.
Kindly share a suitable format of providing the clarification and requesting the authority to accept the pf transfer request.
Regards
Amarjeet
From India, Pune
In recent days we are seeing that PF transfer for employees who are first time joiner after September 2014 with wages more than 15000/-,their request are getting rejected from the EPFO asking for clarification.
There are employers who had enrolled the employees with wages more than 15000/- to the EPS Scheme after September 2014 and the employees are continuing the same scheme with the next organizations and are willing to continue with future organizations too.
Kindly share a suitable format of providing the clarification and requesting the authority to accept the pf transfer request.
Regards
Amarjeet
From India, Pune
Dear Amarjeet,
There was a circular from EPFO in August,2014 stating that any first time employee whose basic salary is more than 15,000/- at the time of joining, will not be eligible for EPS membership. But unfortunately many organizations without noticing the circular continue to deposit in EPS. Those employees will not be eligible for any facility under EPS. You may search the circular at EPFO site and I have personally uploaded the circular at Citehr twice.
You may write a letter for those employees to EPFO stating that by mistake it had been deposited to EPS account. Please arrange to transfer the same to PF account. Also please stop depositing to EPS account any further.
Please visit local EPFO Office to discuss with them before initiate any action.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
334There was a circular from EPFO in August,2014 stating that any first time employee whose basic salary is more than 15,000/- at the time of joining, will not be eligible for EPS membership. But unfortunately many organizations without noticing the circular continue to deposit in EPS. Those employees will not be eligible for any facility under EPS. You may search the circular at EPFO site and I have personally uploaded the circular at Citehr twice.
You may write a letter for those employees to EPFO stating that by mistake it had been deposited to EPS account. Please arrange to transfer the same to PF account. Also please stop depositing to EPS account any further.
Please visit local EPFO Office to discuss with them before initiate any action.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
Dear Sir
Thanks for the detailed information.
If you can help with a suitable reply format for providing the clarification and requesting the authority to accept the pf transfer request.
Regards
Amarjeet
From India, Pune
Thanks for the detailed information.
If you can help with a suitable reply format for providing the clarification and requesting the authority to accept the pf transfer request.
Regards
Amarjeet
From India, Pune
I am surprised when I noticed that HR professionals are seeking for draft to write to any authority. It is to my opinion should be the bare minimum skill for any HR professional. Moreover, my reply was on May,22 and you are asking some support in July,22. I do not know whether you have stopped to deposit EPS amount from June,22 onwards or not. Have you contacted the local EPFO office?
However for your ready reference the letter to the local EPFO office may be as under :-
To
The APFC (or any other person - please cross check from local EPFO office)
.............................. (location)
-------------------------- (address )
Sear Sir/Madam,
Sub - Erroneously deposited EPS amount
We, ( name of the organization with address and PF Code ) erroneously deposited EPS amount against some of our employees as enclosed.
Requesting you to transfer the EPS amount to their respective EPF account as the concerned employees are not eligible for EPS.
Yours ............
Authorised signatory.
Enclo:- Detailed employees list.
Enclosure should contain Sl.no., Name, UAN no., PF no., Period of deposition EPS, Total amount deposited, Remarks if any.
S K Bandyopadhyay
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
However for your ready reference the letter to the local EPFO office may be as under :-
To
The APFC (or any other person - please cross check from local EPFO office)
.............................. (location)
-------------------------- (address )
Sear Sir/Madam,
Sub - Erroneously deposited EPS amount
We, ( name of the organization with address and PF Code ) erroneously deposited EPS amount against some of our employees as enclosed.
Requesting you to transfer the EPS amount to their respective EPF account as the concerned employees are not eligible for EPS.
Yours ............
Authorised signatory.
Enclo:- Detailed employees list.
Enclosure should contain Sl.no., Name, UAN no., PF no., Period of deposition EPS, Total amount deposited, Remarks if any.
S K Bandyopadhyay
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
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