I was employed with ABC Pvt Ltd (trust PF) from Feb 2018 to Mar 2021. But while accessing the trust passbook, I am unable to see any pension contributions of 8.3 perc during the service period. The employer 12 percent contribution was fully allocated to EPF
Prior to ABC, I was with XYZ for 5 years , where I joined in 2013 and was part of EPF and EPS contributions from my employer. In total 5 years, my previous employer contributed towards EPS.
Please help me as I am not sure what will happen to my pension money stored in XYZ as next employer ABC didn't deducted any on account of EPS contribution for 3 years.
Please advise me on the next step in order to proceed.
From India, Delhi
1Prior to ABC, I was with XYZ for 5 years , where I joined in 2013 and was part of EPF and EPS contributions from my employer. In total 5 years, my previous employer contributed towards EPS.
Please help me as I am not sure what will happen to my pension money stored in XYZ as next employer ABC didn't deducted any on account of EPS contribution for 3 years.
Please advise me on the next step in order to proceed.
From India, Delhi
Hi, don't panic, you first check what declaration you gave in form 11, if you have ticked yes for EPS membership then employer is at fault, so first ask for copy of f 11. In any case you need to write a letter to your employer to pay EPS from employer share and if it is your mistake that in f 11 you ticked no against item 10 of form so need to bear interest and penalty
Case can be regularised by depositing the contribution.
From India, Mumbai
Case can be regularised by depositing the contribution.
From India, Mumbai
What is the gap period between leaving XYZ Co and joining ABC Co. You also left ABC Co. in March,21. Have you joined in any other Organization . Have you settled your PF from XYZ Co. after leaving - please answer the above queries.
If there is a big gap between joining of ABC Co and leaving of XYZ Co. or you have already settled your PF with XYZ Co , then your employment at ABC Co. has been considered as fresh employment obviously based on your FORM-11 declaration. If your Basic Salary ( PF Gross ) was more than 15,000/-per month when you join ABC Co. and based on your declaration in Form-11 - the ABC Company may not deduct your EPS contribution as per September , 2014 EPFO Circular.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
From India, New Delhi
If there is a big gap between joining of ABC Co and leaving of XYZ Co. or you have already settled your PF with XYZ Co , then your employment at ABC Co. has been considered as fresh employment obviously based on your FORM-11 declaration. If your Basic Salary ( PF Gross ) was more than 15,000/-per month when you join ABC Co. and based on your declaration in Form-11 - the ABC Company may not deduct your EPS contribution as per September , 2014 EPFO Circular.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
From India, New Delhi
No gap between xyz and abc..
PF transferred from xyz to abc.
Never withdrawal anything yet from epfo
After abc I joined another company without gap but they are doing the same no eps contribution..
I accidentally might filled the wrong Information in form 11.
What should I do ?
Should I write to abc company to get the 3 year service passbook revised with eps and then transfer to present company?
And in my present company as well I will put the request to revise ?
From India, Delhi
PF transferred from xyz to abc.
Never withdrawal anything yet from epfo
After abc I joined another company without gap but they are doing the same no eps contribution..
I accidentally might filled the wrong Information in form 11.
What should I do ?
Should I write to abc company to get the 3 year service passbook revised with eps and then transfer to present company?
And in my present company as well I will put the request to revise ?
From India, Delhi
The matter is now complicated. Your EPS account also had been transferred to ABC Co.from XYZ Co. but unfortunately your EPS has been stopped by ABC Co. which is more than 3 years now. Before you write to ABC Co. please contact EPFO Office for their advise and act accordingly.
Probably there was wrong judgement by ABC Co. - may be your basic while joining ABC Co. was more than 15,000/-. If you are a member of EPS since 2013, you should continue the same till date.
Please also discuss with your present organization HR to get a solution.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
From India, New Delhi
Probably there was wrong judgement by ABC Co. - may be your basic while joining ABC Co. was more than 15,000/-. If you are a member of EPS since 2013, you should continue the same till date.
Please also discuss with your present organization HR to get a solution.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
From India, New Delhi
Epfo suggested to reach out to xyz jurisdiction epfo office regarding eps withdrawal..according to abc records member is not an eps member for abc pf number.. Not sure how to proceed now ?
From India, Delhi
From India, Delhi
If you can withdraw the EPS amount from your XYZ Co., please do so . To my opinion that is the best solution at this moment.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
From India, New Delhi
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
From India, New Delhi
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From India, Hyderabad
From India, Hyderabad
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