Currently Employee aged 62 years contributing to EPF, he wants to get pension from PF authorities and also keep contributing to EPF , Please discuss the rule postion and rules on this.
From India, New Delhi
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From India, New Delhi
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Dear Sir,
At present, under the Employees' Pension Scheme (EPS-95), EPFO subscribers cease to be members of the pension scheme and can apply for fixation of their pension after the age of 58 years. Thus, they cannot contribute to the scheme after the age of 58 years. Please refer to the attached notification.
Regards,
Amit
From India, Surat
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144At present, under the Employees' Pension Scheme (EPS-95), EPFO subscribers cease to be members of the pension scheme and can apply for fixation of their pension after the age of 58 years. Thus, they cannot contribute to the scheme after the age of 58 years. Please refer to the attached notification.
Regards,
Amit
From India, Surat
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There is no cut off age for PF. Employee will remain PF member if s/he does not withdraw from PF account. And he will get pension as per rules after age of 58 years.
From India, Mumbai
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From India, Mumbai
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Dear Lt. Col. Sunil Kumar,
You have not mentioned whether your employee is still contributing to EPS, whether the employee is eligible for EPS, and if the employee has contributed to EPS for a minimum of 10 years until reaching 58 years of age. You need to provide all relevant details to receive a correct reply.
From India, New Delhi
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You have not mentioned whether your employee is still contributing to EPS, whether the employee is eligible for EPS, and if the employee has contributed to EPS for a minimum of 10 years until reaching 58 years of age. You need to provide all relevant details to receive a correct reply.
From India, New Delhi
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Dear Amit Aishwary,
Please peruse the attachment you have uploaded regarding EPS. Even after attaining 58 years, EPS members can contribute to EPS for another 2 years provided they have contributed to EPS for at least 10 years at the time of attaining 58 years.
Your statement "Thus, they cannot contribute to the scheme after the age of 58 years." is not correct.
From India, New Delhi
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Please peruse the attachment you have uploaded regarding EPS. Even after attaining 58 years, EPS members can contribute to EPS for another 2 years provided they have contributed to EPS for at least 10 years at the time of attaining 58 years.
Your statement "Thus, they cannot contribute to the scheme after the age of 58 years." is not correct.
From India, New Delhi
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Yes you can contribute in EPF, but not in EPS. and also get pension from EPFO
From India, Ghaziabad
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From India, Ghaziabad
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EPF Pension.xls
Employee Benefits.doc