Good Morning Seniors,
Kindly advise me, is PF 11 mandatory? I want to know the amendment date so that I can show it to my top-level for further procedure.
One more doubt regarding PF age 45 scheme certificate 1,10,000 shall go for a pension after the age of 58. What is the amount formula of calculation & interest?
Thanks for guiding us.
Regards, S. Mohanalakshmi
From India, Madras
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4Kindly advise me, is PF 11 mandatory? I want to know the amendment date so that I can show it to my top-level for further procedure.
One more doubt regarding PF age 45 scheme certificate 1,10,000 shall go for a pension after the age of 58. What is the amount formula of calculation & interest?
Thanks for guiding us.
Regards, S. Mohanalakshmi
From India, Madras
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Dear Sir,
As per my knowledge, Form 11 needs to be submitted; otherwise, you should also include your details while preparing the challans. After two months of completion, you need to submit Form 2 for PF nomination.
In the case of employees above 58 years of age, the employer has to contribute a total of 12% to their PF, with no contribution to the Pension, i.e., 8.33%.
From India, Pune
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As per my knowledge, Form 11 needs to be submitted; otherwise, you should also include your details while preparing the challans. After two months of completion, you need to submit Form 2 for PF nomination.
In the case of employees above 58 years of age, the employer has to contribute a total of 12% to their PF, with no contribution to the Pension, i.e., 8.33%.
From India, Pune
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