I was employed with Ericsson as my first employer and my basic was less than 15000 at that time. I had left the organization for higher studies and had withdrawn my EPF and EPS amount completely (with zero EPF and EPS as balance).
Post higher education I am employed with EY and now my basic is more than 15000. Am I still an EPS member or not?
Please help me with a detailed explanation. Thanks in advance!
From India, Kolkata
Post higher education I am employed with EY and now my basic is more than 15000. Am I still an EPS member or not?
Please help me with a detailed explanation. Thanks in advance!
From India, Kolkata
If Universal Account Number (UAN) was generated at the time of first employment, I doubt, if your UAN is still active. If it is active, you will be covered by Pension Fund also as an existing member. At the same time, if you could get a new UAN, then you will be excluded from EPS.
I hope others would give some inputs. Please leave comments in this practical scenario (not the AI generated comments!)
From India, Kannur
4238I hope others would give some inputs. Please leave comments in this practical scenario (not the AI generated comments!)
From India, Kannur
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.
EPS - Wage Limit increase_01.09. 2014.pdf
Calcu. pf Emp.eps.epf sample sheet for HR site..xls