We are in the process of getting new PF account for newly started organisation. Kindly clarify the following :-
a) Minimum number of personnel for PF contribution.
b) Kinds of payments made to employees but not to be taken into PF calculation
c) documents to be submitted PF Commissioner.
From India, Madras
a) Minimum number of personnel for PF contribution.
b) Kinds of payments made to employees but not to be taken into PF calculation
c) documents to be submitted PF Commissioner.
From India, Madras
Dear Cite HR Colleagues,
One of our employee, joined in the month of Jan 2010 and he has completed 58 yrs in the month of september 2010.The problem is that, he has worked for only 9 months in his new PF account. So,is he eligible for pension or not ? please suggest.
Rgds/parvathi shetty
From India, Mumbai
2One of our employee, joined in the month of Jan 2010 and he has completed 58 yrs in the month of september 2010.The problem is that, he has worked for only 9 months in his new PF account. So,is he eligible for pension or not ? please suggest.
Rgds/parvathi shetty
From India, Mumbai
Dear Parvathy,
You have mentioned that the employee has 9 months service in new job. What about the previous Jobs? If altogether he has 9 years & 6 months or more service in EPS, he is entitled to get pension. Otherwise apply for withdrawal benefit.
Abbas.P.S
From India, Bangalore
You have mentioned that the employee has 9 months service in new job. What about the previous Jobs? If altogether he has 9 years & 6 months or more service in EPS, he is entitled to get pension. Otherwise apply for withdrawal benefit.
Abbas.P.S
From India, Bangalore
Dear Means that PF contribution of employer will be 3.67% only , as i know the rest 8.33% goes in pension scheme. Regards, Manish Dave 09998325930
From India, Pune
From India, Pune
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.
Expat PF Excluded Employees Contribution & No Due Certificate Clarification.p df