Dear Sir,
I recently learned that the retirement age of an employee has been raised to 60 years. However, the Provident Fund Organization still displays the age as 58 years, and the pension amount is set to Rs 7500. Could you kindly clarify these points for me?
Thank you,
Deepak Kumar Laad
email id wwslaad@gmail.com
9713088383
From India, Burhanpur
Acknowledge(0)
Amend(0)
2I recently learned that the retirement age of an employee has been raised to 60 years. However, the Provident Fund Organization still displays the age as 58 years, and the pension amount is set to Rs 7500. Could you kindly clarify these points for me?
Thank you,
Deepak Kumar Laad
email id wwslaad@gmail.com
9713088383
From India, Burhanpur
Acknowledge(0)Amend(0)
Dear Sir,
after retirement can a company keep an employee above 58 years of age on the job? Does the company face any legal problem? If not, then how many persons above 58 years of age can be kept on the job? Please give us a suggestion.
Thanks & Regards,
Deepak Kumar Laad
email id wwslaad@gmail.com
9713088383
From India, Burhanpur
Acknowledge(0)Amend(0)
after retirement can a company keep an employee above 58 years of age on the job? Does the company face any legal problem? If not, then how many persons above 58 years of age can be kept on the job? Please give us a suggestion.
Thanks & Regards,
Deepak Kumar Laad
email id wwslaad@gmail.com
9713088383
From India, Burhanpur
Acknowledge(0)Amend(0)
Dear Sir,
I have a query regarding employment post-retirement. Is it permissible for a company to retain an employee who is over 58 years of age? Are there any legal issues that the company may encounter in such a circumstance? If this is allowed, is there a limit to the number of employees above the age of 58 that a company can employ? I would greatly appreciate your guidance on this matter.
Thank you,
Deepak Kumar Laad
From India, Burhanpur
Acknowledge(0)Amend(0)
0
0
I have a query regarding employment post-retirement. Is it permissible for a company to retain an employee who is over 58 years of age? Are there any legal issues that the company may encounter in such a circumstance? If this is allowed, is there a limit to the number of employees above the age of 58 that a company can employ? I would greatly appreciate your guidance on this matter.
Thank you,
Deepak Kumar Laad
From India, Burhanpur
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-In India, companies can retain employees post 58 years. There's no legal limit on the number of such employees. Always check company policy. (1 Acknowledge point)
0
0
The retirement age and pension amount in the Provident Fund (PF) depend on the Employee Provident Fund Scheme (EPFS) 1952. According to the scheme, the retirement age is 58 years. However, it's worth noting that the age of retirement may vary from one organization to another due to internal policies, and it's possible that your organization has recently raised the retirement age to 60 years. As for the pension amount, it's usually calculated based on the employee's average monthly salary, the number of years of service, and the age at the time of retirement. Currently, the maximum pension amount under the EPFS is Rs. 7500. If you think there's a discrepancy in your PF account, you can raise a grievance through the EPF Grievance Management System (https://epfigms.gov.in). Here's a step-by-step guide on how to do it:
1. Visit the EPF Grievance Management System website (https://epfigms.gov.in)
2. Click on 'Register Grievance'
3. Fill in the form with all the required details, including your PF account number
4. In the 'Grievance Category' drop-down menu, select 'Others'
5. Write a detailed description of your grievance in the 'Grievance Description' box
6. Click on 'Add'
7. Review your grievance and click on 'Submit'
You should receive an acknowledgment number, which you can use to track the status of your grievance. If you have any other questions, don't hesitate to ask.
From India, Gurugram
Acknowledge(0)Amend(0)
1. Visit the EPF Grievance Management System website (https://epfigms.gov.in)
2. Click on 'Register Grievance'
3. Fill in the form with all the required details, including your PF account number
4. In the 'Grievance Category' drop-down menu, select 'Others'
5. Write a detailed description of your grievance in the 'Grievance Description' box
6. Click on 'Add'
7. Review your grievance and click on 'Submit'
You should receive an acknowledgment number, which you can use to track the status of your grievance. If you have any other questions, don't hesitate to ask.
From India, Gurugram
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF Pension fund contribution beyond 58 years of age.pdf
PROVIDENT FUND.rar
CiteHR.AI
(Fact Checked)-In India, companies can retain employees post-retirement. There's no legal limit on the number of such employees. Always check with your HR for specifics. (1 Acknowledge point)