Refusal To Pay Superannuation Fund-What Can Be The Action From The Employee

Hi!,
You can be taken on ride by your employer only if you do not have any committment from your employer in writing and the Super Annuation Fund was not anywhere and at any point of time declared as a part your CTC.
If the situation is otherwise than what is mentioned above then you can take legal recourse - to start with you can send a notice thru advocate, than speak to the HR person.
hope this will help.
Raj.

Dear Sir,
I have applied for full & final settlement of Superannuation fund on 30.06.10 with Century Cement. But to my utter surprise my claim is rejected by company on 29.7.10 that as per rules of superannuation fund the member should have to complete minimum 5 years of service with organization. I was covered under the superannuation scheme from 1.12.2006 to 28.8.2008 at the age of 54 years and resigned due to illness on 28.8.2008 after completion of 56 years of age. Between these periods I have received a yearly statement of contribution also.

I am not working with any organization. Now company is telling that I am not eligible.

The company might have taken advantage of this and claimed Income Tax rebate from IT dept on the contributions towards the Superannuation fund amount deposited on my name.

So if company cannot pay this amount to me then how company can get the benefit of tax rebate on the funds deposited.

Kindly advice ASAP.

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Regards,
Kailash Jha