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
From India, New Delhi
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 the attached Notification
Regards,
Amit
From India, Delhi
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 the attached Notification
Regards,
Amit
From India, Delhi
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
From India, Mumbai
Dear Lt Col Sunil Kumar, you have not mentioned whether your Employee is still contributing to EPS? Whether Employee is eligible for EPS? Has Employee contributed to EPS for Minimum 10 Years till he attained 58 Years.You have to give all relevant details to get correct reply
From India, New Delhi
From India, New Delhi
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 atleast 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
your statement "Thus, they cannot contribute to the scheme after the age of 58 years. " is not correct
From India, New Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.