Dear Friends,
Can anyone help me regarding this PMPRPY scheme? When will the government return the employer's contribution of 12% (8.33% + 3.67%)? To my knowledge, the employee should work in the same company for 3 years for the employer to receive their contribution amount of 12%. Is this correct? Another question I have is, what happens in the PMPRPY scheme if an employee works only a few months, like 8 months? Will they receive the full contribution amount (12% + 12%) and the employer's contribution? Please, can anyone help me?
Thank you.
Can anyone help me regarding this PMPRPY scheme? When will the government return the employer's contribution of 12% (8.33% + 3.67%)? To my knowledge, the employee should work in the same company for 3 years for the employer to receive their contribution amount of 12%. Is this correct? Another question I have is, what happens in the PMPRPY scheme if an employee works only a few months, like 8 months? Will they receive the full contribution amount (12% + 12%) and the employer's contribution? Please, can anyone help me?
Thank you.