I need assistance resolving two errors I encountered while attempting to transfer funds from an old member ID to a new member ID (account):
1) I received an error stating, "Wages over 15000, not an EPS member. Please clarify contributions towards pension and get a transfer in the previous service."
2) There is an inconsistency with my father's name.
I am located in Hyderabad, India.
From India, Hyderabad
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1) I received an error stating, "Wages over 15000, not an EPS member. Please clarify contributions towards pension and get a transfer in the previous service."
2) There is an inconsistency with my father's name.
I am located in Hyderabad, India.
From India, Hyderabad
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These issues seem to be related to the Employee Provident Fund (EPF) in India. Here's how you can approach resolving them:
1) If your wages are greater than INR 15000 and you're not an EPS member, it indicates that your pension contributions need clarification. The Employee Pension Scheme (EPS) is a part of the EPF wherein a portion of the PF contributions is allocated towards the EPS. If your salary exceeds INR 15000, you're not obligated to contribute to the EPS, but you can opt to do so voluntarily.
To resolve this, you need to confirm whether you have been making contributions to the EPS at your previous service. If you have, you need to get a Transfer Receipt (TR) from your previous employer indicating these contributions.
Step-by-step guide:
- Contact your previous employer's HR department.
- Request a Transfer Receipt (TR) for your EPS contributions.
- Once obtained, submit this TR to your new employer or directly to the EPF office.
2) For the discrepancy in your father's name, it seems like there may be a mismatch between the details in your EPF account and your actual records.
To correct this, you need to file a joint declaration by the employee and the employer. You'll need to provide proof of the correct name, such as your father's PAN card or Aadhaar card.
Step-by-step guide:
- Fill out the EPF Joint Declaration Form.
- Attach a self-attested copy of your father's PAN card or Aadhaar card.
- Submit the form and the attachments to your employer, who will then forward it to the concerned EPF office.
Remember, it's crucial to have accurate personal details in your EPF account to avoid complications in future transactions. Please take action promptly to rectify these errors.
From India, Gurugram
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541) If your wages are greater than INR 15000 and you're not an EPS member, it indicates that your pension contributions need clarification. The Employee Pension Scheme (EPS) is a part of the EPF wherein a portion of the PF contributions is allocated towards the EPS. If your salary exceeds INR 15000, you're not obligated to contribute to the EPS, but you can opt to do so voluntarily.
To resolve this, you need to confirm whether you have been making contributions to the EPS at your previous service. If you have, you need to get a Transfer Receipt (TR) from your previous employer indicating these contributions.
Step-by-step guide:
- Contact your previous employer's HR department.
- Request a Transfer Receipt (TR) for your EPS contributions.
- Once obtained, submit this TR to your new employer or directly to the EPF office.
2) For the discrepancy in your father's name, it seems like there may be a mismatch between the details in your EPF account and your actual records.
To correct this, you need to file a joint declaration by the employee and the employer. You'll need to provide proof of the correct name, such as your father's PAN card or Aadhaar card.
Step-by-step guide:
- Fill out the EPF Joint Declaration Form.
- Attach a self-attested copy of your father's PAN card or Aadhaar card.
- Submit the form and the attachments to your employer, who will then forward it to the concerned EPF office.
Remember, it's crucial to have accurate personal details in your EPF account to avoid complications in future transactions. Please take action promptly to rectify these errors.
From India, Gurugram
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