Can Employees Over 58 Still Contribute to EPF? Seeking Clarity on Retirement Rules

If an employee wants to serve in the same company after the age of 58, is his or her EPF contribution applicable or not?

With regards,
Urmila Mundlia

Hi, Ms. Urmila, you should deduct PF, and the full contribution of the employer should go to PF itself. You should not consider 8.33% of the contribution to EPS.

Mr. Jeevarathnam is correct. There is no age limit for PF membership. However, the EPS contribution has to cease on the date of completion of 58 years, and it should be remitted to the individual PF account.

Regards,
Abbas.P.S

Thank you for your valuable reply. If any employee aged 58 or above joins a new company, will the employer's contribution be given to the employees?

Thank you.

Once again, it's left to the organization. If both parties are willing to contribute, then surely it shall be contributed. Once again, there won't be an EPS share. Entire funds should go to EPF only.

Pension and Employment After Age 58

After reaching the age of 58, the employee will start receiving a pension from his EPS account along with his new employment.

With Regards,
Raj Asiwal

After the retirement age of 58 years, the employer need not deduct and pay the PF contributions in general cases. However, if the employer is willing to continue any employee's PF contribution, he can do the same. The amount should be remitted to the EPF account only, and it is not necessary for payment to the FPF.

Regards,
D. Gurumurthy
LL. HR & IR Consultant
Hyderabad.

Let me add my opinion that if the employee who is continuing in service after the retirement age (58 years) is in receipt of a PF Pension only, he is to be excluded. Otherwise, he will continue to be covered by PF, and, as stated by others, his employer contribution of 12% shall exclusively be paid to the Provident Fund without splitting it as 8.33% to the Pension fund and 3.67% to the Provident Fund. Therefore, the receipt of Pension (for that, he should have at least 10 years or 9.5 years of PF subscription).

In another instance, if he is not continuing the same service but has withdrawn the PF benefits after attaining 58 years and then he is joining or rejoining your company, then also you exclude him from PF.

Regards,
Madhu.T.K

I am working in a Ltd. company. There is one lady in my company who completed her 58 years on July 12, but she is still working in my company on an off-role basis. We have completed her full and final settlement. Please let me know if she can apply for her PF contribution.

With Best Regards,

Urmila Mundlia

There is a lady in my company who has completed 58 years. She is still working in my company. Currently, she is off-roll without any deductions. Please let me know if she is eligible for the withdrawal of her EPF contribution.

With Best Regards,
Urmila Mundlia