Is Provident Fund Deduction Necessary for Retired Government Employees in Private Jobs?

Dear All,

I am working in a private company as an accountant. Recently, a retired person joined as an executive officer in our company. During the preparation of the salary statement, he insists on not deducting Provident Fund from my salary because I am a retired employee of the Government of India.

He said PF is not applicable for government retired people who have re-joined private companies after completing government service.

He is correct; kindly help me in this regard.

Thanks,
Verma:-?

Dear,

If he has not completed 58 years of service, then he is absolutely wrong. If his basic is less than 6500, then he has to be covered under EPF Act.

Regards,
J. S. Malik

Yes, after completion of 58 years of age, a person is not eligible for PF contribution. Also, if his salary is non-deductible as per the PF ceiling, i.e., Rs. 6500/- per month.

Do you agree with Mr. Malik?

Regards,
Pankaj Chandan