Hello,
If an employee has availed EPF and he was unemployed for certain months, then again he gets employed. Can anyone tell me how much such unemployment period is acceptable by EPF Act 1952 so that his previous PF contributory period will be considered while calculating contributory service and he can get all benefits as per the act?
- Saurabh
From India, Pune
If an employee has availed EPF and he was unemployed for certain months, then again he gets employed. Can anyone tell me how much such unemployment period is acceptable by EPF Act 1952 so that his previous PF contributory period will be considered while calculating contributory service and he can get all benefits as per the act?
- Saurabh
From India, Pune
Saurabh, can i know how the re employment have done.is final settlement is done for him/her? is the ee have rejoined as a new joinee ? Rohini
From India, Bangalore
From India, Bangalore
Hello Rohini,
Actually, this is a hypothetical situation. You can consider that for any reason, he was not working with any company for some duration. After some days, he joined back another company. He has not withdrawn his PF amount either.
- Saurabh
From India, Pune
Actually, this is a hypothetical situation. You can consider that for any reason, he was not working with any company for some duration. After some days, he joined back another company. He has not withdrawn his PF amount either.
- Saurabh
From India, Pune
dear no problem ,the period of non payment does not have any limit.for benefitas like pension this will be counted as non contributory period. regards j s malik
From India, Delhi
From India, Delhi
Dear Saurav, NCP is considered only at the time of calculating pension. As far as PF is concerened, interest is credited on monthly running balance. Best Regards Sajid Ansari-delhi
From India, Delhi
From India, Delhi
Hello Sajid, I think you must be able to do so. But not very much sure. Can anyone please guide us about it? - Saurabh
From India, Pune
From India, Pune
Dear,
There is no limit to such a period; it is actually known as the Non-Contributory Period (NCP). NCP is considered only when calculating pension. As far as PF is concerned, interest is credited on the monthly running balance. There is no limit to NCP under the EPF Act. A person will benefit accordingly when calculating their pension amount.
Thanks,
Mohd. Arif Khan
There is no limit to such a period; it is actually known as the Non-Contributory Period (NCP). NCP is considered only when calculating pension. As far as PF is concerned, interest is credited on the monthly running balance. There is no limit to NCP under the EPF Act. A person will benefit accordingly when calculating their pension amount.
Thanks,
Mohd. Arif Khan
how many months/years as a gap is counted to non contributed service is there any limit ...or not?
From India, Hyderabad
From India, Hyderabad
NCP has relevance only for Employees Pension Scheme. Not for EPF. For the pension scheme, it is upto the age of retirement - 58 years of age.
From India, Madras
From India, Madras
If an employee has availed EPF and was unemployed for certain months (for example, 18 months), then gets employed in a new company, can anyone tell me how much such an unemployment period is acceptable by the EPF Act 1952 so that his previous PF contributory period will be considered while calculating contributory service and he can get all benefits as per the act?
EPS Continuity and Eligibility for Pension
Just to know for EPS, whether the discontinued 18 months will be calculated for completing 10 years of EPF/EPS continuity in order to be eligible for receiving a pension after 58 years, or if it is 10 years of actual contribution to EPS. Also, is there a rule for the maximum number of years that one can't discontinue the EPS contribution in the EPF scheme?
Regards,
Radha
From India, Bhubaneswar
EPS Continuity and Eligibility for Pension
Just to know for EPS, whether the discontinued 18 months will be calculated for completing 10 years of EPF/EPS continuity in order to be eligible for receiving a pension after 58 years, or if it is 10 years of actual contribution to EPS. Also, is there a rule for the maximum number of years that one can't discontinue the EPS contribution in the EPF scheme?
Regards,
Radha
From India, Bhubaneswar
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