aruna-n
In our organization 3-4 employees attend 58years, and now they apply for pf and taken Form 19 amount clearly they want to claim 10c also,
so can you please tell which process is correct to claim Form 10c for 58years employees?

From India, Bengaluru
Srinath Sai Ram
610

Dear Aruna,
Please ask Employees who have attained 58 Years to apply for EPS Scheme Certificate by Filling Form10C Manually with all supporting Documents.After receipt of Scheme Certificate, they can go for EPS Pension by Surrendering Scheme Certificate.Pension Payment Order will be issued
Employees who are not eligible for Pension, can File Form 10C in Online for withdrawal of EPS accumulations

From India, New Delhi
rkdixit3
1

In our company some of the employees are opted V E R S at separated from organization five years back, now they are enjoying pension from fund and withdrew all accumulated amount from P F
Now we woold like to hire some of them due to obvious reason - my question is
Will they be a member of P F again or not
B- Some employees have superannuated after completing 58 years of age, and they are now enjoying their pension and have withdrawn their P F , if we rehire them, do we need to contribute to their P F again?
Please guide me on the above captioned question with supporting relevant rules
With Regards
Ranjan Kumar Dixit

From India, New Delhi
Madhu.T.K
4240

If they are getting PF pension, they need not be covered by EPF but can be excluded from coverage on their rehire.
From India, Kannur
rkdixit3
1

Thank you very much sir can you please guide me the provision of law in this regard or any notification Regds
From India, New Delhi
Madhu.T.K
4240

An employee who has withdrawn his PF accumulations on attaining the age of 55 is an excluded employee. Excluded employee is defined not in Employees Provident Fund Act but in Employees Provident Fund Schemes. A person whose salary at the time of joining (other than an existing member) is more than Rs 15000 and an apprentice (under Apprentice Act or as per Certified Standing Orders) are excluded employees. Other than these, as per scheme 2(f) a person can be excluded from PF if he has already withdrawn the PF accumulations following two conditions. Of that one is withdrawing PF on retirement. The second is withdrawing the fund after migrating from India permanently. At the same time, an employee withdrawing PF due to termination of employment to due ill health, retrenchment, VRS, resignation etc will not qualify for exclusion. But following some verdicts if the person is already a PF pensioner he can be excluded on his rehire. Similarly, if the PF accumulations are withdrawn after his attaining the age of 55 years, he can be excluded from the coverage.
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.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.