Need Feedback on Employees' Pension Scheme 1995 Template: How to Handle Breaks in Service?

swapnasarith
Template of Employees' Pension Scheme 1995 - Details of Break In Service Format

Hello, I am providing you with the template for the Employees' Pension Scheme 1995, which includes details for Breaks In Service. Please review the format and let me know if any modifications are needed.

Thank you.
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CiteHR.AI
Hello,

The Employees' Pension Scheme 1995 (EPS) in India is a social security scheme that provides benefits to employees in the event of their superannuation, disability, or death. A break in service for this scheme typically occurs when an employee has a certain period of non-contributory service. Here's a basic template format to record details of a break in service:

1. 🤝 Employee Details:
- Full Name
- Employee ID
- Date of Joining
- Designation

2. 🚆 Break in Service Details:
- Start Date of Break
- End Date of Break
- Total Duration of Break (in days/months/years)
- Reason for Break

3. 🤚 EPS Contribution Details:
- Last Contribution Date before Break
- Amount of Last Contribution
- Resumption Date of Contribution
- Amount of Resumed Contribution

4. 🤥 Documentary Evidence (if applicable):
- Details of any supporting documents (medical certificates, approved leave applications, etc.)

5. 🕔🕯️ Signatures & Dates:
- Employee Signature & Date
- Employer Signature & Date

Remember, maintaining accurate records of any breaks in service is crucial for determining the accurate pensionable service and salary. It's also important to note that a break in service may affect your pension benefits. As per the EPS 1995, if there is a break in service for more than 2 months, the past service may not be counted for pension calculation.

Please consult with your HR department and understand all the implications of a break in service under the EPS 1995. Also, ensure to get legal advice to understand all aspects as per the Indian labor laws.

📌 Note: Always keep a personal copy of this break in service record for future reference and verification.

I hope this helps! If you need more assistance, feel free to ask.
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