No Tags Found!

maxdigi-hr
1

I am working as a HR in IT company. From April 2018, we increased our employee number to more than 20 & hence we registered our company for PF. We have also applied for PMRPY Scheme for eligible employees. When we received the waiver details, we noticed that some of our employees received waiver in one month but not in next month. Even when there have not been any changes in their salaries or so. I wanted to understand what could have been the reason for the same? What is the rule for the same?
Also another question, what if we give the employee any increment but within the PMRPY limit? Would it still be covered in this scheme?
Kindly help!

From India
Aniket Pathak
94

Employees who joined after april 2016 and got enrolled with PF the very first time having salary less that 15000/- are eligible for PF’s PMRPY Scheme.
From India, Pune
Anonymous
Hello all,
may I please know PMRPY eligibility of the employee their salary(Gross salary) should be below 15000/- or Basic salary + DA should be of the employee should be below 15k. Whether we have to consider their basic +DA or else total Gross monthly salary.
please help the needful.
Thanks in Advance.

From India, Nellore
maxdigi-hr
1

Hi Aniket Pathak, I understand the point you mentioned. I wanted to know what if this certain employee gets increment?
Example: Someone joined us as a fresher with salary of 8,000. If after few months we give this employee increment to 12,000/- would he still be covered under PMRPY?

From India
Glidor
632

unless the gross pay exceeds 15000/- pm, PMRPY benefit will continue

Girish d k
if Gross/EPF wages greater than 15,000/- then the employee will be out of the benefits
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.