Merging EPS Share to EPF Account at 58: How to Correct a Mistaken Entry?

How to Write a Letter to Merge EPS Share to EPF Account of the Employee Who Was 58 Years Old - Which Was Wrongly Entered

Dear [Employee's Name],

I am writing to address an error in the EPS share that was wrongly entered into your EPF account. As per our records, it has come to our attention that your EPS share was incorrectly recorded when you turned 58 years old.

We understand the importance of ensuring accuracy in such matters and are committed to rectifying this error promptly. Please provide us with the necessary details so that we can merge your EPS share into your EPF account accurately.

Your cooperation in this matter is greatly appreciated, and we apologize for any inconvenience this may have caused. Should you require any further assistance or clarification, please do not hesitate to reach out to me directly.

Thank you for your attention to this matter.

Sincerely
[Your Position]
[Company Name]

If you have contributed to EPS in respect of an employee who has crossed 58 years of age, the same will be diverted to EPF without any letter. Henceforth, you should pay it to PF only. That will suffice.

How to Write a Letter to Merge EPS Share to EPF Account of the Employee Who Is 58 Years

Dear [Employee's Name], I am writing to inform you about the process of merging your EPS (Employee Pension Scheme) share into your EPF (Employee Provident Fund) account. As you have recently turned 58 years old, it is important to consolidate your retirement savings for better management and benefits.

To initiate the merger, please provide us with the necessary documents, including your EPF and EPS details, identification proof, and any other relevant information. Our HR team will assist you throughout the process and ensure a seamless transition of your funds.

Should you have any queries or require further clarification, feel free to reach out to us. We are here to support you in securing your financial future and retirement planning.

Thank you for your attention to this matter.

Best regards,
[Your Name]
[Your Position]
[Company Name]