Dear HR Professionals, I have below quarriers regarding PF.
1) if an employee is enrolled in PF since 2007 and his current basic salary is 1,85,000 per month and his age will be completing 58 years in March 2023, can he withdraw 100% of PF and pension money?
2) If an 8.33 % pension contribution of an employer if he can get monthly so what will be his monthly pension amount?
3) if the monthly pension amount is less than what he has accumulated so far in the pension fund then what to suggest to other employees?
whether withdraw pension anyhow before 9.5 yrs?
4) Can the employee extend his PF contribution till 60 yrs?
Its humble request to resolve my above query.
1) if an employee is enrolled in PF since 2007 and his current basic salary is 1,85,000 per month and his age will be completing 58 years in March 2023, can he withdraw 100% of PF and pension money?
2) If an 8.33 % pension contribution of an employer if he can get monthly so what will be his monthly pension amount?
3) if the monthly pension amount is less than what he has accumulated so far in the pension fund then what to suggest to other employees?
whether withdraw pension anyhow before 9.5 yrs?
4) Can the employee extend his PF contribution till 60 yrs?
Its humble request to resolve my above query.