Voluntary PF Contribution - Pf Contributions [Thread 191617]

saurabh.shrivastav
Is there any limit to voluntary PF contribution by an employee.

What happens to Employer's contribution in case employee contributes more than 12%. Is the employers' contribution is freezed at 12% or say 13.61%.
We have one such request recieved from one of our employees.
Saurabh
White Eagle
Dear
Employer contribution to PF is 12 % Basic+DA+ Retaining allowance. Employer limit is fixed and ceiling limit is 6500.
Employee contribution- If employee want to increase his share in PF then he can. PF act is not clear on maximum limit but PF authorities accept 12% statutorily contribution+12% voluntorily contribution of employee and they donot accpt inbetween formula. If we see payment of wages act it says total deduction can not be more than 50% from employee salary including everything.
Take written application from employee for increasing there contribution in pf clearly mentioning how much employee want to contribute.
For more HR related information:White Eagle: PF Query
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