What is the retirement age in Karnataka for private limited employees? The PF website states, "File Monthly ECR in respect of employees who have completed 58 years of age before the first week of every month and submit their Pension/PF claim."
From India, Bengaluru
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From India, Bengaluru
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Dear Friend,
Retirement age varies according to private company policies. Some companies follow a 58-year age criterion, while others adhere to a 60-year age criterion. When discussing EPFO, the retirement age criterion is 58.
From India, Mumbai
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429Retirement age varies according to private company policies. Some companies follow a 58-year age criterion, while others adhere to a 60-year age criterion. When discussing EPFO, the retirement age criterion is 58.
From India, Mumbai
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Hi,
Once the employee attains 58 years, you need to process and submit the Pension form to the respective PF office. The said employee will start getting a pension once the process is over. As a result, 8.33% EPS Contribution will be added to EPF Contribution.
From India, Madras
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Once the employee attains 58 years, you need to process and submit the Pension form to the respective PF office. The said employee will start getting a pension once the process is over. As a result, 8.33% EPS Contribution will be added to EPF Contribution.
From India, Madras
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Sir,
What will be the retirement age for the company? As per our company policy, it is 58. However, if the government has amended it to 60, is it mandatory to change it to 60, or can we keep it the same as our policy?
Thank you.
From India, Bengaluru
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What will be the retirement age for the company? As per our company policy, it is 58. However, if the government has amended it to 60, is it mandatory to change it to 60, or can we keep it the same as our policy?
Thank you.
From India, Bengaluru
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