Recent Provident Fund Amendment: What Does the New Commutation Rule Mean for Your Pension?

sampath kumar tirumala
I understand that there was a recent amendment effective 01.10.08 disallowing commutation facility from the pension amount at the time of settlement. Any idea what this is in detail?

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Amith R Murthy
Dear Sampath,

You may find information about this at www.epfindia.com.

Regards,
Amith R.
vinayb7
Dear sir,

Is there any provision to deposit 24% of PF from the employee's side only? Please reply.

Snehal
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