I have worked with company X for 9 months. Since I am jobless for more than 2 months now I have submitted form 19 for full settlement. But my claim went rejected stating the reason " pl clarify why eps contribution not remitted(no previous service)" .
I do not have an eps account. my employer contribution doesn't show any pension contribution either.
What do I need to do for the claim to be successful? KIndly let me know.
From Netherlands
1I do not have an eps account. my employer contribution doesn't show any pension contribution either.
What do I need to do for the claim to be successful? KIndly let me know.
From Netherlands
It is a general clarification that the EPFO seeks now a days. You can submit a reply that your PF qualifying salary was above Rs 15000 at the time of joining the company X and before joining the company X you did not work anywhere or you had no PF membership with your earlier companies and hence the company X did not contribute to my Pension Fund but contributed the employer's share of 12% exclusively to my PF only. This will be a convincing reply.
From India, Kannur
From India, Kannur
Since I am jobless for more than 2 months now I have submitted form 19 for full settlement. But my claim went rejected stating the reason: EPS AS PER PREVIOUS SERVICE RECEIVED, BUT EPS NOT REMITTED IN THIS ACCOUNT, PLS CLARIFY . can anyone please clarify what they are seeking and steps to connect with them and clarify.
From India, Hyderabad
From India, Hyderabad
The issue is that when you joined your first company, you might have had less than Rs 15000 as PF qualifying salary. Then your employer should have contributed to Pension Fund. Your second employer should also have followed the same, and contributed to Pension Fund also. Now, the employer has to redo the contributions, bifurcate the 12% paid by him as 8.33% to Pension Fund and 3.67% to PF, and resubmit the ECR. The member cannot do it. You should approach the employer only and get it done.
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.
ESI contribution rates lowering.pdf