Dear Sir,
I am 60 years old, and my retirement date is 1-11-2016. This marks my 15th year of service with a private company. In my 58th year, my company ceased deductions under EPS. I would like to inquire about my current status regarding my EPS deductions.
Regards,
Jairam
From India, Bengaluru
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I am 60 years old, and my retirement date is 1-11-2016. This marks my 15th year of service with a private company. In my 58th year, my company ceased deductions under EPS. I would like to inquire about my current status regarding my EPS deductions.
Regards,
Jairam
From India, Bengaluru
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You have raised a query that bothers most senior people. Please track your deduction with the same authority who is in charge of PF. EPS is also handled by the same office but in a different section. EPS (formerly FPS) deduction is done up to 58 years only. You have to track fast as it takes a long time. Sometimes they will ask for your deduction for the last 30 years, and it should not come as a rude surprise to you. If previous details like the EPS number are not available, start working immediately.
Regards, V. Raghunathan
From India
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1335Regards, V. Raghunathan
From India
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Dear Mr Jairam, Please find the form 10 D. You will get a good idea to start your claim process . V.Raghunathan
From India
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From India
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Dear Mr. Jairam P,
Your company has stopped the EPS deduction at the age of 58, which is correct. You should have filled out Form 10D immediately after reaching the age of 58. Still, you can fill out Form 10D and start receiving your pension.
Thanks,
Vidyadhar Bhat
From India, Pune
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Your company has stopped the EPS deduction at the age of 58, which is correct. You should have filled out Form 10D immediately after reaching the age of 58. Still, you can fill out Form 10D and start receiving your pension.
Thanks,
Vidyadhar Bhat
From India, Pune
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At the age of 58, the employees Provident Fund Organization will stop deducting contribution under Pension Scheme but the full amount will be diverted to PF account only.
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I hope you are reading all the posts. It is surprising that after raising the query, you have not acknowledged or responded to any of the replies so far. As I informed you above, even though the deduction goes to the PF office, they treat it as a separate account. The pension is handled in an exclusive section located inside the PF office. It took nearly three years for me to follow up and get the monthly pension started. So, please begin in right earnest and give us feedback.
Regards,
V.Raghunathan
From India
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Regards,
V.Raghunathan
From India
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Employee Pension Scheme, 1995.doc
Form10C.PDF for Employee Pension Scheme 1995.PDF