Please refer to a situation - An employee joined an organization on a certain date. However, the company, by mistake, registered his name in the PF account one year later. Now, following the pension amount calculation formula (i.e. Pensionable salary/70 x no. of years in service), it is found that the employee will lose a sum of Rs. 93 per month. Now, the employer wants to compensate for his loss. How can the loss of that employee be compensated in a suitable way? Please suggest.
From India, Calcutta
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From India, Calcutta
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