Understanding PF Contributions: When to Apply EPS and EPF Based on Salary Limits?

For EE and ER, both PF contributions are 12%. From the employer's side, when do we need to apply EPS (8.33%) and EPF (3.67%)? Is there a basic salary limit for it?

Hi,

On the earned basic, the employer needs to contribute 8.33% to the pension contribution (with a maximum limit of Rs. 1250/-), and 3.67% goes to the PF contribution. If the pension contribution amount exceeds Rs. 1250/-, the balance amount should be moved to the PF contribution.

PF can be contributed on a minimum basic of Rs. 15000/- or the actual basic over and above Rs. 15000/- based on mutual consent of the employer and employee.