Pf Employer Contribution

Hi Everyone I am seeking job as an HR. In an interview, an interviewer asked me, What is the Employer pf contribution now??
Is it 13.36% or something else?

Dear friends,
Employer contribution is 12% on employee salary. This include 8.33% contribution to Pension Scheme. In addition to this Employer has to pay 0.85% as admin charge, 0.5% as EDLI and .01 as EDLI admin charges. 12+0.85+0.5+0.01 = 13.36%
Abbas.P.S

Rightly said by Mr Abbas.
There s no any changes as of now. Still the same contribution is continuing

Hi Abbas,
PF deduction from me(employee) is 12.36% of basic salary, and as per my knowledge company(employer) will be contributing the same amount towards my PF account am i right?
Recently i joined one of the company there they are deducting both employee and employer contribution from my salary only.. do you have any idea about this? Please clear me

Hi Arun
PF contribution from both EE & ER is 12% + 12 % only. its not 12.36%. But for ER apart from the 12% contribution there is admin charges of 1.36% so for ER we will consider as 12%+1.36%=13.36%
As you said many companies are following as they include both EE & ER contribution into their CTC but not on the gross salary

Dear Rmidnight,
Yes Total PF contribution from Employer side is 13.36 %
it Induces
PF Account - 3.67 %
Pension Accounts -8.33%
EDLI Account - 0.50 %
EDLI Admin Account - 0.01%
PF Admin. Account -0.85 %
if you make total it will be -13.36%

Hi,
Side of Employee
12%
Side of Employer
13.36%
PF Account - 3.67 %
Pension Accounts -8.33%
EDLI Account - 0.50 %
EDLI Admin Account - 0.01%
PF Admin. Account -0.85 %
Regards,
Ubaid R.

Hi folks!
As many of you mentioned that the contribution of employer is 13.36%, but I know that the contribution of employer is 13.61%. The break up is delineated below:
EPF- 3.67% + EPS- 8.33% + EDLI- 0.5% + EPF & EPS Administrative Charges- 1.1% + EDLI Admin. Charges- 0.01% = 13.61% (Total).
Is this break up correct or wrong? Would you please tell me?
I've one more question.
If an employee withdraws her/his PF before the age of 58 then how much amount or percentage will be deducted from the PF a/c?

Hi Piyali
Your calculation is not correct. Admin charges account 2 is been revised from 1.1% to 0.85%
So total is 12% from EE
125 from ER (8.33% as EPS + 3.67% as EPF)
Admin charges account no. 2 is 0.85%
EDLI charges account no. 21 is 0.50%
EDLI Admin charges account no. 22 is 0.01%
Now if any employee withdraws PF then they will get only EE contribution

Dear All,
PF total contribution share is 25.36% and please find following details for your perusal and record.
A/c - 1 - 12% (Employee Share) PF
A/c - 1 - 3.67% (Employer share) PF
A/c - 2 - 0.85% (Employer Share) Admin charges
A/c - 10 - 8.33% (Employer Share) Pension
A/c - 21 - 0.50% ( Employer Share) EDLI
A/c - 22 - 0.01% (Employer Share) EDLI Admin chares
Aside Ms / Mrs. Piyali, PF admin charegs under a/c - 2 had revised and reduced from 1.10% to 0.85% from January' 2015.
Thanks & Regards
Ashish Shaw
ashishshow"at"gmail"dotcom"