National Pension Scheme can be replaced with Provident Fund?

Alpa Borsadiya

As an employee can I choose to be in Pension Scheme or to be in Provident Fund Scheme? Both being pension funds, can i request employer to contribute in pension fund in stead of provident fund.
7th May 2019 From India, Surat

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vmlakshminarayanan

942

Hi,
No. EPF & EPS is statutory and compulsory on the part of Employer. Even if you place a request with your Employer, your Employer cannot do so. However, as a individual you can invest in NPS but you will not get tax exemption as you were already covered EPF & EPS.
7th May 2019 From India, Madras

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