Dear Seniors, What is the procedure to continue employment of employee after retirement age. In my organisation some of the employees already continuing and they are still in PF scheme. Please advice how to regularise it.
From India, Mumbai
From India, Mumbai
as for of EPF Scheme is concerned you can continue after retirement also, but Pension scheme will come to an end at the age of 58. In that case you need to apply for pension for these retired employees. For person employed after 58 years you need to remit full amount to EPF Scheme.
From India, New Delhi
421From India, New Delhi
yes. after retirement, it is the right of employer to extend the benefit of EPF or not. hence you may discontinue and enage him on consolidated rolls.
From India, New Delhi
From India, New Delhi
Can you please specify the term consolidated rolls. Can we discontinue them one month and make rejoin. Then we will discontinue PF but continue with ESI. Please advice.
From India, Mumbai
From India, Mumbai
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.
Enforcement of negative covenants in employment terms.pdf