One of the employees attained the age of 58 years 2 year back. But by oversight amount is going to EPS till today. Is there any problem
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Hi, Once you attain the age of 58 years, only PF contributions can be continued, and not pension contributions. If you are the employer, please bring this to the attention of the respective PF office, rectify the issue, and ensure that the money is transferred back to the PF account from the pension account.
From India, Madras
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1015From India, Madras
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PF Pension fund contribution beyond 58 years of age.pdf