Greeting All,
Sir i do have same problem but the employees are neither attained the age of 58 nor completed their 10 years of job and they want to withdraw their full amount of pension fund.
Thanks & Regards
Parwej Khan
From India, Calcutta
Sir i do have same problem but the employees are neither attained the age of 58 nor completed their 10 years of job and they want to withdraw their full amount of pension fund.
Thanks & Regards
Parwej Khan
From India, Calcutta
Ankita ji
After age of 58 yrs when concerned employee withdraw amount of PF then it depend on your management to deduct PF amount or not. but mgt not bound to deduct. if management opt. to deduct PF amount in this case whole deducted amount will deposit in PF A/c No 01 only.
In case of when concerned employee not withdraw his/her PF amount and contnuing job in this case PF contribution must be deducted and deposited in A/c no 01 only.
During service period no any member can withdraw his/her pension Fund amount, can with draw only PF amount from a/c no 01.
Thanks
S.L.Chopra
From India, Suri
After age of 58 yrs when concerned employee withdraw amount of PF then it depend on your management to deduct PF amount or not. but mgt not bound to deduct. if management opt. to deduct PF amount in this case whole deducted amount will deposit in PF A/c No 01 only.
In case of when concerned employee not withdraw his/her PF amount and contnuing job in this case PF contribution must be deducted and deposited in A/c no 01 only.
During service period no any member can withdraw his/her pension Fund amount, can with draw only PF amount from a/c no 01.
Thanks
S.L.Chopra
From India, Suri
IF an Employer Contribute To PF Account To the Employee Even He Is Attening The Age of 58 So how to Withdarw PF Amount
From India, undefined
From India, undefined
Asalamu Allaikum, Sir, IF an Employer Contribute To PF Account To the Employee Even He Is Attening The Age of 58 So how to Withdarw PF Amount
From India, Chennai
From India, Chennai
Should pay 12% of PF contribution. Hope the last comment will be useful for you..
https://www.citehr.com/512817-pf-con...-58-years.html
From India, Hyderabad
https://www.citehr.com/512817-pf-con...-58-years.html
From India, Hyderabad
HI,
One of my employee turns to 58 on december 2017 (his joining date was 01/4/17, means he is working from 9 months only) now he is continuing to our organisation.
Now what should he has to fill any form for this ??
and how to treat his epf & eps share ??
From India, Howrah
One of my employee turns to 58 on december 2017 (his joining date was 01/4/17, means he is working from 9 months only) now he is continuing to our organisation.
Now what should he has to fill any form for this ??
and how to treat his epf & eps share ??
From India, Howrah
Sir,
In my organisation two employees have already attained 58 years and as per company rule they can work till 65 year. we are still deducting PF and regularly depositing to EPF as usual. Kindly suggest the following :-
(a) How much to be deducted from the employee i.e %
(b) Employers' contribution
(c) Distribution to deposit in various accounts i.e. 8.33 % and 3.67% etc.
(d) How to revert back the amount already deposited in EPS
(e) Can the employees are eligible for EPF pension
From India, Bengaluru
In my organisation two employees have already attained 58 years and as per company rule they can work till 65 year. we are still deducting PF and regularly depositing to EPF as usual. Kindly suggest the following :-
(a) How much to be deducted from the employee i.e %
(b) Employers' contribution
(c) Distribution to deposit in various accounts i.e. 8.33 % and 3.67% etc.
(d) How to revert back the amount already deposited in EPS
(e) Can the employees are eligible for EPF pension
From India, Bengaluru
Hi, We are retaining one employee after attaining the 58 years, presently we are deducting his PF & ESI, now we are continuing his service in this case can we discontinue his PF and continue only ESI is possible.
If we consider him as consultant than what are the benefits we should provide.
pls help me.
From India, Bangalore
If we consider him as consultant than what are the benefits we should provide.
pls help me.
From India, Bangalore
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