Dear senior good evening,
I have learned a lot from all of you, I have just joined an organization in which a person is working since 2011, his age is 62 years, when I filed ECR, I saw that along with PF, his contribution was also deposited in pension. If this is happening, I immediately stopped his pension contribution and deposited all the money in PF, now tell me that the person has been working for about 15 years, now how will his pension be started and also tell me when His age had crossed 58 even then his pension contribution did not stop and for 62 years his pension contribution kept on accumulating. Now I want to know how his pension will be started and also tell that his Money can also be deposited in PF or not?
From India, Delhi
10I have learned a lot from all of you, I have just joined an organization in which a person is working since 2011, his age is 62 years, when I filed ECR, I saw that along with PF, his contribution was also deposited in pension. If this is happening, I immediately stopped his pension contribution and deposited all the money in PF, now tell me that the person has been working for about 15 years, now how will his pension be started and also tell me when His age had crossed 58 even then his pension contribution did not stop and for 62 years his pension contribution kept on accumulating. Now I want to know how his pension will be started and also tell that his Money can also be deposited in PF or not?
From India, Delhi
From the date on which he became 58, the pension contribution would have stopped even if you had remitted the amounts in the pension fund. Please check his PF passbook. If it reflects as per your contribution, ie, both in PF and Pension Funds, you can write to the EPFO for reconciling. In the accounts maintained by them, I believe, it should be like no contribution in pension fund since his attaining the age of pension, ie, 58.
From India, Kannur
From India, Kannur
Respected Madhu Sir Good Morning !! Sir, I have learned a lot from you, you always reply quickly, for this I thank you,
From India, Delhi
From India, Delhi
Respected Madhu Sir Sir, pension contribution up to December 2022 is visible in that employee’s PF passbook, show me the direction for further Thanks & Regards Khirod Kumar Linka
From India, Delhi
From India, Delhi
Ok, you may go to the office of the Asst Provident Commissioner, Sub Regional Office and meet the Accounts Officer and reconcile the matter. You can take a letter also asking them to reconcile and do necessary corrections in the accounts. They will do it.
From India, Kannur
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.
PF Pension fund contribution beyond 58 years of age.pdf