If any employee contributed 9 years 9 months continue in EPFO account. Will he be able to get a pension after 58 years or not?
Dear Colleague,
The eligibility criteria to avail the EPS benefits are mentioned below:
The member must be a member of the EPFO.
The member must have attained the age of 50 years for early pension and 58 years for regular pension.
The member can defer the pension for 2 years (until you reach the age of 60 years), he/she will be eligible to receive the pension at an additional rate of 4% per year.
He/she must have completed at least 10 years of service.
Less than 10 years I doubt pension eligibility, as it is minimum service condition. However if you call and check with the PF Enforcement Officer, they will give better idea.
From India, Chennai
309The eligibility criteria to avail the EPS benefits are mentioned below:
The member must be a member of the EPFO.
The member must have attained the age of 50 years for early pension and 58 years for regular pension.
The member can defer the pension for 2 years (until you reach the age of 60 years), he/she will be eligible to receive the pension at an additional rate of 4% per year.
He/she must have completed at least 10 years of service.
Less than 10 years I doubt pension eligibility, as it is minimum service condition. However if you call and check with the PF Enforcement Officer, they will give better idea.
From India, Chennai
As far as I remember, I you have worked for less than 10 years, you have the option (but not compulsion) to claim the entire balance and interest in the FPF account along with PF.
If you want to get Pension, then you can always do that, but most people find it better to get the PF amount back
From India, Mumbai
If you want to get Pension, then you can always do that, but most people find it better to get the PF amount back
From India, Mumbai
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