No Tags Found!


Anjaly
In my company, one of our employee whose age is 68 years joined in pf account. And the EMPLOYER has contributed 8.33% of his salary(Rs. 15000) ie; 1250/- to his EPS account and is continued for 8 months. The format of uploaded data is as below;
111111111111#~#XYZ#~#15000#~#15000#~#15000#~#15000 #~#1800#~#1250#~#550#~#0#~#0
Is there anything wrong in that? Now the employee has submitted Form -19 and Form 10-C. will he get the whole amount contributed by the employer is EPS account? Thanks in Advance..

From India, Ernakulam
manojkamble
377

Dear Anjaly,
After age of 58 amount deposited for EPS should be deposited to EPF account only. As you have deposited the same amount wrongly in the EPS amount thus he may get the claim settled depending on his age criteria.


Anjaly
Dear Manoj Kamble Ji,
You replied like this;
"After age of 58 amount deposited for EPS should be deposited to EPF account only. As you have deposited the same amount wrongly in the EPS amount thus he may get the claim settled depending on his age criteria."
Can you please elaborate "AGE CRITERIA"?

From India, Ernakulam
swetley
11

Along with the claim form, attach a covering letter stating that Part of PF amount is paid under EPS contribution erroneously and through oversight with a request to settle the said amount also. Generally, the EPFO condones such errors and settles both (PF and EPS) amounts. It all depends on case to case and also depends on the officials at EPFO.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.