No Tags Found!

jairamp
Dear Sir, I am 60 years old and my retirement date is 1-11-2016, and this is my 15th year of service a private Company. My company stopped deduction under EPS in my 58th year and would like to know what is my status today with regard to my EPS deductions.
Regards
Jairam

From India, Bengaluru
V.Raghunathan
1330

Dear Mr Jayaram P,
You have raised a query that bothers most of the senior people.
Please track your deduction with the same authority who is in charge of PF.
EPS is also handled by the same office but in a different section.
EPS ( formerly FPS) deduction is done up to 58 years only.
You have to track fast as it takes a long time.
Sometimes they will ask your deduction for the last 30 years and it should not come as a rude surprise to you. If previous details like EPS number and all are not available start working immediately.
V.Raghunathan

From India
V.Raghunathan
1330

Dear Mr Jairam, Please find the form 10 D. You will get a good idea to start your claim process . V.Raghunathan
From India
Attached Files (Download Requires Membership)
File Type: pdf Form10D_Instructions_Eng.pdf (128.2 KB, 179 views)

Vidyadhar Bhat
73

Dear Mr. Jairam P
Your company has stopped the EPS deduction at the age 58 is correct.
You should have filled form 10D immediately after completing age 58.
Still you fill form 10D and start getting Pension.
Thanks,
Vidyadhar Bhat

From India, Pune
Jose P. James
At the age of 58, the employees Provident Fund Organization will stop deducting contribution under Pension Scheme but the full amount will be diverted to PF account only.

V.Raghunathan
1330

Dear Jairam ,
Hope you are reading all the posts.
It is surprising that after raising the query you have not acknowledged or responded to any of the replies so far.
As I informed you above even though the deduction goes to PF office they treat it as a separate account.
The pension is handled in an exclusive section located inside the PF office.
It took nearly three years for me to follow up and get the monthly pension started.
So please begin in right earnest and give us a feedback.
V.Raghunathan

From India
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.