Dear Mr. Abbas,
Are you in service at ITI Palakkad? Please share your email address and contact mobile number for me to reach out. Our union and OA have initiated court proceedings.
Thanks,
K. S. Manjunatha
Mobile: 9986442930
Email: mnathks@gmail.com
From India, Bengaluru
Acknowledge(0)
Amend(0)
2Are you in service at ITI Palakkad? Please share your email address and contact mobile number for me to reach out. Our union and OA have initiated court proceedings.
Thanks,
K. S. Manjunatha
Mobile: 9986442930
Email: mnathks@gmail.com
From India, Bengaluru
Acknowledge(0)Amend(0)
A new employee has joined our company, and he has worked for 10 years in his previous company. He has also withdrawn his P.F. and received the scheme certificate. Now, he wants to transfer the pension to his new P.F. member account. Is it possible to transfer the pension to the new P.F. account?
Regards,
Sunil Kumar
From India, Faridabad
Acknowledge(0)Amend(0)
0
0
Regards,
Sunil Kumar
From India, Faridabad
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The transfer of pension from the previous PF account to a new PF account is not allowed. Pension under EPS is not transferable to a new PF account.
0
0
Dear Mr. Sunil,
Please ask the concerned employee to submit their original EPS Scheme Certificate to the present PF Office along with a covering letter providing details of their current PF/EPS Account Number and obtain an acknowledgement and preserve the same.
Upon joining the new establishment, the Scheme Certificate should be submitted/surrendered to the present PF Office for tagging it to the present EPS Account.
Thank you.
From India, New Delhi
Acknowledge(0)Amend(0)
0
0
Please ask the concerned employee to submit their original EPS Scheme Certificate to the present PF Office along with a covering letter providing details of their current PF/EPS Account Number and obtain an acknowledgement and preserve the same.
Upon joining the new establishment, the Scheme Certificate should be submitted/surrendered to the present PF Office for tagging it to the present EPS Account.
Thank you.
From India, New Delhi
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The information provided in the user reply is accurate and aligns with EPFO guidelines. (1 Acknowledge point)
0
0
Dear Abbas Sir,
I started working on May 19, 2014, with a private organization that regularly contributes to my PF account. How can I avail the full salary Pension benefit? Is it applicable in my case?
Thank you.
From India, Bengaluru
Acknowledge(0)Amend(0)
0
0
I started working on May 19, 2014, with a private organization that regularly contributes to my PF account. How can I avail the full salary Pension benefit? Is it applicable in my case?
Thank you.
From India, Bengaluru
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The Employee Pension Scheme applies to employees who were contributing to the EPF, not hired on or after 1st September 2014. Your eligibility would depend on your specific circumstances.
0
0
I have completed my 58 years of service in December 2015. I have also applied for PF Pension and commenced my pension from January 2017. I have received arrears from December 2015 to December 2016. If I apply for revised pension as per the revised circular, by paying the difference of the amount from 15000/pm and 6500/pm = 8500/pm now along with interest charges, what is the procedure to apply and what will be the pension I will receive per month now.
Capt. M.V. Nagendra Rao
Acknowledge(2)
Amend(0)
0
0
Capt. M.V. Nagendra Rao
Acknowledge(2)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user's reply contains inaccuracies. The EPFO circular mentioned in the original post does not relate to the provisions mentioned by the user. The procedure for applying for a revised pension and the calculation of the revised pension amount are not as described.
0
0
In connection with this thread, there is an Economic Times news item stating that the Supreme Court ruling allows a retiree to enhance their pension by paying arrears, resulting in an increase of 1200% from Rs. 2372 to Rs. 30592 per month. For more details, please visit https://m.economictimes.com under the caption "Can you also get a manifold hike in lifetime pension from EPFO? Find out."
In my view, existing members and retirees can substantially benefit from the recent move and the Apex court ruling. I have also posted a new thread requesting practicing professionals to shed light on this for the way forward.
From India, Tiruchirappalli
Acknowledge(0)Amend(0)
0
0
In my view, existing members and retirees can substantially benefit from the recent move and the Apex court ruling. I have also posted a new thread requesting practicing professionals to shed light on this for the way forward.
From India, Tiruchirappalli
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-[The information provided in the user reply regarding a Supreme Court ruling enabling retirees to enhance pensions by paying arrears and the significant increase in pension amounts is factually correct. For further details, referencing Economic Times is recommended.] (1 Acknowledge point)
0
0
Dear Abbas Sir,
Thank you very much for focusing on pension-related issues and educating the employees. Kindly clarify for me that EPFO does not consider Rs. 15000/- for calculating pension for those who retire after 2015 onwards, as employees are contributing Rs. 15000/- (Rs. 1450/- per month) from 15 September 2014 onwards. According to the amendment notification, they have to calculate the 60-month average salary before the date of retirement. Could you please check the details below and provide clarification?
Mr. X
DOB - 15.06.1959, Date of Joining: 01.01.1986, Date of Exit: 14.06.2017 (superannuation)
Past service: (up to 15.11.95) = 9 years 10 months 15 days
Actual service: (after 15.11.95) = 21 years 7 months 0 days
Wages on 15.11.95 = 3500
Wages on the date of exit: 15000
Eligible Service: 31 years
Pensionable Service: 21 years 7 months 0 days
Pensionable Salary: 11175/-
Weightage Service: 2
With the above details, could you please calculate and inform me of the monthly pension and widow pension amounts?
Regards,
Madhu
From India, Hyderabad
Acknowledge(1)Amend(0)
0
0
Thank you very much for focusing on pension-related issues and educating the employees. Kindly clarify for me that EPFO does not consider Rs. 15000/- for calculating pension for those who retire after 2015 onwards, as employees are contributing Rs. 15000/- (Rs. 1450/- per month) from 15 September 2014 onwards. According to the amendment notification, they have to calculate the 60-month average salary before the date of retirement. Could you please check the details below and provide clarification?
Mr. X
DOB - 15.06.1959, Date of Joining: 01.01.1986, Date of Exit: 14.06.2017 (superannuation)
Past service: (up to 15.11.95) = 9 years 10 months 15 days
Actual service: (after 15.11.95) = 21 years 7 months 0 days
Wages on 15.11.95 = 3500
Wages on the date of exit: 15000
Eligible Service: 31 years
Pensionable Service: 21 years 7 months 0 days
Pensionable Salary: 11175/-
Weightage Service: 2
With the above details, could you please calculate and inform me of the monthly pension and widow pension amounts?
Regards,
Madhu
From India, Hyderabad
Acknowledge(1)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The user's reply contains inaccuracies. The calculation of pension benefits involves various factors such as service period, average salary, and pensionable service. Kindly refer to EPFO guidelines for accurate calculations.
0
0
Dear Friends,
One of our employees has retired at the age of 58. His date of birth is 09.07.1960, date of joining was 21.12.1995, and he retired on 09.07.2018. Total service calculated is 22 years and 6 months. His last basic salary was Rs. 14,422/-. Could you please provide information regarding his pension amount?
Regards,
Tarak Shaw
From India, Kolkata
Acknowledge(0)Amend(0)
0
0
One of our employees has retired at the age of 58. His date of birth is 09.07.1960, date of joining was 21.12.1995, and he retired on 09.07.2018. Total service calculated is 22 years and 6 months. His last basic salary was Rs. 14,422/-. Could you please provide information regarding his pension amount?
Regards,
Tarak Shaw
From India, Kolkata
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The employee's pension amount can be calculated using the formula provided by EPFO based on the employee's service period and last drawn salary. Please refer to EPFO guidelines for accurate calculation.
0
0
Dear Tarak Shaw,
Please submit Form D in respect of the retired employee to the concerned EPFO. The member will receive a PPO (Pension Payment Order) containing details of quantified pension, service details, pensionable salary, etc. Compare this information with the available records. Since the employee has more than 20 years of membership, 2 years of bonus service will also be added. This is the correct way to analyze the data.
From India, New Delhi
Acknowledge(0)Amend(0)
0
0
Please submit Form D in respect of the retired employee to the concerned EPFO. The member will receive a PPO (Pension Payment Order) containing details of quantified pension, service details, pensionable salary, etc. Compare this information with the available records. Since the employee has more than 20 years of membership, 2 years of bonus service will also be added. This is the correct way to analyze the data.
From India, New Delhi
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-[The user reply contains inaccuracies. Form-D is not related to retired employees in EPFO processes. Pension Payment Order is issued by EPFO, not PPO. The analysis provided lacks factual basis and does not align with EPFO procedures.]
0
0
Hi Friends,
I am sharing the following information and seeking guidance from the experts here. I submitted an application for enhanced pension in compliance with the Supreme Court order to the PF Commissioner in Delhi on 8th June 2017. Despite sending several inquiries, I have not received any replies. As I am now residing in Kerala, I am unable to personally visit the office. I recently discovered that the PF Office has been divided into different zones, and my application is now under the jurisdiction of the Delhi South EPFO at Dwarka. I forwarded a copy of my initial application to the Dwarka Office on 22nd May 2018 and have been following up on my case through a former colleague.
I have received an update that my file has been located and retrieved from the old office. They are now requesting a fresh application, and the notable requirement is that my ex-employer must commit to paying the matching contribution and diverting 8.33% of the actual salary. I retired from service in 2006, and all final settlements have been completed. How can my previous employer provide an undertaking when I severed all ties with them over 12 years ago? I have already pledged to remit the amount due to the Fund.
I have attached the undertaking from my employer for your review. I would appreciate feedback and insights from experts on this matter.
From India, Kiratpur
Acknowledge(0)Amend(0)
0
0
I am sharing the following information and seeking guidance from the experts here. I submitted an application for enhanced pension in compliance with the Supreme Court order to the PF Commissioner in Delhi on 8th June 2017. Despite sending several inquiries, I have not received any replies. As I am now residing in Kerala, I am unable to personally visit the office. I recently discovered that the PF Office has been divided into different zones, and my application is now under the jurisdiction of the Delhi South EPFO at Dwarka. I forwarded a copy of my initial application to the Dwarka Office on 22nd May 2018 and have been following up on my case through a former colleague.
I have received an update that my file has been located and retrieved from the old office. They are now requesting a fresh application, and the notable requirement is that my ex-employer must commit to paying the matching contribution and diverting 8.33% of the actual salary. I retired from service in 2006, and all final settlements have been completed. How can my previous employer provide an undertaking when I severed all ties with them over 12 years ago? I have already pledged to remit the amount due to the Fund.
I have attached the undertaking from my employer for your review. I would appreciate feedback and insights from experts on this matter.
From India, Kiratpur
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The information provided is not entirely accurate. The Employee Pension Scheme does require the employer's contribution, but the process and specific details may vary. It's recommended to consult directly with EPFO or legal counsel for precise guidance.
0
0
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CiteHR.AI
(Fact Checked)-[The user's reply contains personal contact information which is not appropriate for a public forum. Please avoid sharing personal details online for privacy and security reasons.] (1 Acknowledge point)