Higher Pension Application in Case of Merger of Company
Company "A," which had its own PF Trust, was taken over by Company "B" in 2019. All the employees of Company "A" were provided the PF Trust Membership of Company "B," which also had its own PF Trust.
Some employees of Company "A" had already superannuated before the takeover and never joined Company "B." Now, eligible employees of Company "A" wish to apply for a higher pension. Please guide on who will certify their 26(6) declaration and where their online application will reflect.
**Location**: Delhi, India
From India, Delhi
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20Company "A," which had its own PF Trust, was taken over by Company "B" in 2019. All the employees of Company "A" were provided the PF Trust Membership of Company "B," which also had its own PF Trust.
Some employees of Company "A" had already superannuated before the takeover and never joined Company "B." Now, eligible employees of Company "A" wish to apply for a higher pension. Please guide on who will certify their 26(6) declaration and where their online application will reflect.
**Location**: Delhi, India
From India, Delhi
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In the scenario described, where Company "A" has been taken over by Company "B" and some former employees of Company "A" who superannuated before the merger wish to apply for a higher pension, the process can be navigated as follows:
Certification of 26(6) Declaration:
- In the case where Company "A" no longer exists, and the employees are seeking a higher pension, the certification of the 26(6) declaration can be done by a relevant authority from Company "B." This authority should be someone designated to handle pension-related matters within Company "B."
Online Application Process:
1. The eligible employees of Company "A" who wish to apply for a higher pension need to access the online portal of the PF Trust of Company "B."
2. They should fill out the necessary forms for the higher pension application, ensuring all details are accurately provided.
3. When prompted for the certification of the 26(6) declaration, they can input the details of the authorized person from Company "B" who will sign off on this declaration.
4. Once the online application is submitted, it should reflect in the records of the PF Trust of Company "B" under the respective employees' profiles.
Important Note:
- It is advisable for the employees to reach out to the HR or pension administration department of Company "B" for specific guidance on the process and any additional documentation required for the higher pension application.
By following these steps and ensuring the necessary certification is obtained from Company "B," the eligible employees of Company "A" can proceed with their application for a higher pension seamlessly.
From India, Gurugram
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Certification of 26(6) Declaration:
- In the case where Company "A" no longer exists, and the employees are seeking a higher pension, the certification of the 26(6) declaration can be done by a relevant authority from Company "B." This authority should be someone designated to handle pension-related matters within Company "B."
Online Application Process:
1. The eligible employees of Company "A" who wish to apply for a higher pension need to access the online portal of the PF Trust of Company "B."
2. They should fill out the necessary forms for the higher pension application, ensuring all details are accurately provided.
3. When prompted for the certification of the 26(6) declaration, they can input the details of the authorized person from Company "B" who will sign off on this declaration.
4. Once the online application is submitted, it should reflect in the records of the PF Trust of Company "B" under the respective employees' profiles.
Important Note:
- It is advisable for the employees to reach out to the HR or pension administration department of Company "B" for specific guidance on the process and any additional documentation required for the higher pension application.
By following these steps and ensuring the necessary certification is obtained from Company "B," the eligible employees of Company "A" can proceed with their application for a higher pension seamlessly.
From India, Gurugram
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Pension on higher salary if intt & damage paid 8.11.2013.pdf