During new employee registration process by mistake put eps salary more then 15 K, now unable to contribute in employee EPS & now message appearing " MEMBER IS NOT ELIGIBLE FOR PESSION SCHEME"
From India, Baddi
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From India, Baddi
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You cannot change it now. The employee will be under the EPF scheme but not under EPS. Though the Kerala High Court has rightly said that the amendment of 2014, which put restrictions on the Pension Fund, was unconstitutional, the Supreme Court ruled it out and said there is nothing wrong with it. The Court should have remembered that EPF is a social security legislation meant for the benefit of employees, and not a scheme to pay salaries and allowances to a section of citizens of India employed in the EPF Organisation.
From India, Kannur
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4526From India, Kannur
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EPF Scheme Guidelines For Implementation Of PMGKY Credit Of Employers And Employee Contribution .pdf
Employee Pension Scheme, 1995.doc
EPF - Pension contribution is zero WHY.jpg