Hello everyone, There is a rule after 2014 Sep, an employee with a salary of more than 15000 is not eligible for EPS.
I worked in an organization A in 2017-2018 with PF and EPS, my salary was more than 15000. I withdrew PF during 2018. They shouldnt have created EPS, I didnt know that then.
Now I transferred EPS to the current organization and the organization A service is transferred to the current company.
The current company has also created PF and EPS, current company confirmed they will raise from 3 to merge PF and EPS.
My question is, will the EPS amount from organization A be merged with the current company?
I worked in an organization A in 2017-2018 with PF and EPS, my salary was more than 15000. I withdrew PF during 2018. They shouldnt have created EPS, I didnt know that then.
Now I transferred EPS to the current organization and the organization A service is transferred to the current company.
The current company has also created PF and EPS, current company confirmed they will raise from 3 to merge PF and EPS.
My question is, will the EPS amount from organization A be merged with the current company?