Dear friends, Pl see attached circular dated 17.9.2012 issued by EPFO. Thanks,
From India, Malappuram
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1446From India, Malappuram
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Query on PF ECR Format for Employees Above 58
I have a doubt about the PF ECR format. How can we generate the ECR for employees who are above 58 years old? Please help me out as I am totally confused.
Regards,
Asha Chamoli
From India, Delhi
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I have a doubt about the PF ECR format. How can we generate the ECR for employees who are above 58 years old? Please help me out as I am totally confused.
Regards,
Asha Chamoli
From India, Delhi
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It will automatically calculate according to the personal information entered in the member master. After 58, there will be no contribution to the pension account; all 24% (12% + 12%) will go into the EPF account. So, no need to worry.
Regards,
Rakesh Mongia
From India, New Delhi
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Regards,
Rakesh Mongia
From India, New Delhi
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Epfo circular 070219 Pension-I_12_33 _96_Amendments_ Vol.IV_17154.pd f