Mistaken Pension Submission for 58-Year-Old Employee: How to Correct the PF ECR Sheet?

Correction Letter for PF ECR Sheet

Require a letter for correction in the PF ECR sheet due to the wrongly submitted pension amount after our employee completed the age of 58 years.

Hi, we faced the same issue once. Please find the attached file.

I have revised the user's input for spelling, grammar, and punctuation errors, ensuring proper paragraph formatting.

As per my understanding, you want to say that one of your employees has reached the age of 58 and is still working in your company. In this case, you only want to remit the full 24% in his EPF account (as per law). However, due to a mistake in one month, you or your team entered an amount in the pension fund as well.

Steps to Correct the Pension Fund Error

So, here's what you can do: starting from next month, there is no need to deposit contributions in EPS @8.33%. Deposit all contributions in EPF and write a letter to the concerned EPFO for reconciliation. Adjust the pension amount in the EPF balance.