Disbursement Of Pension Through Centralised System Of Banks From Oct.2012

pca
Dear friends,
Pl see attached circular dated 17.9.2012 issued by EPFO.
Thanks,
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Asha Chamoli
Dear Miss Sharmila Das,
Greetings of the Day............
I have a Doubt on PF ECR format, how can we generate the ECR for these employee who is above 58 yrs.. Please help me out in the same as i am totally confused .
Regards,
Asha Chamoli
rmongia
Hi Asha Chamoli
It will automatically calculate according to the personal information entered in the member master. After 58, there will be no contribution in pension account all 24%(12%+12%) will go in the EPF account. So no need to worry.
Rgds
Rakesh Mongia
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