Understanding Employer's PF Contribution for a 60-Year-Old Employee: Is It 8.33% or 12%?

PSA

An employee employed with us is aged 60 years.

The EPF was at 12% from the employer's side and 12% from the employee's share.

At this age, what will the employer's share be? 8.33% or 12%?

jeevarathnam

Even after the superannuation period (58/60 years), the EPF contribution will remain at 12% only, but there won't be a pension contribution. Both the employee and employer contributions of 12% each shall be contributed towards the EPF account only.

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