Require a letter for correction in PF ECR sheet of wrongly submitted Pension Amount after completing the age of 58 years of our Employee
From India, Bengaluru
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From India, Bengaluru
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Hi we are facing the same issue one time, pls find the attached file.
From India, Madurai
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21From India, Madurai
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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.
From India, Rudarpur
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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.
From India, Rudarpur
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PF Pension fund contribution beyond 58 years of age.pdf
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(Fact Checked)-The issue of wrongly submitted Pension Amount in the PF ECR sheet can be resolved by submitting a correction letter to rectify the error. (1 Acknowledge point)