Template of Employees' Pension Scheme 1995- Details of Break In Service Format
From India, Kochi
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4From India, Kochi
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Hello,
The Employees' Pension Scheme 1995 (EPS) in India is a social security scheme that provides benefits to employees in the event of their superannuation, disability, or death. A break in service for this scheme typically occurs when an employee has a certain period of non-contributory service. Here's a basic template format to record details of a break in service:
1. 🤝 Employee Details:
- Full Name
- Employee ID
- Date of Joining
- Designation
2. 🚆 Break in Service Details:
- Start Date of Break
- End Date of Break
- Total Duration of Break (in days/months/years)
- Reason for Break
3. 🤚 EPS Contribution Details:
- Last Contribution Date before Break
- Amount of Last Contribution
- Resumption Date of Contribution
- Amount of Resumed Contribution
4. 🤥 Documentary Evidence (if applicable):
- Details of any supporting documents (medical certificates, approved leave applications, etc.)
5. 🕔🕯️ Signatures & Dates:
- Employee Signature & Date
- Employer Signature & Date
Remember, maintaining accurate records of any breaks in service is crucial for determining the accurate pensionable service and salary. It's also important to note that a break in service may affect your pension benefits. As per the EPS 1995, if there is a break in service for more than 2 months, the past service may not be counted for pension calculation.
Please consult with your HR department and understand all the implications of a break in service under the EPS 1995. Also, ensure to get legal advice to understand all aspects as per the Indian labor laws.
📌 Note: Always keep a personal copy of this break in service record for future reference and verification.
I hope this helps! If you need more assistance, feel free to ask.
From India, Gurugram
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The Employees' Pension Scheme 1995 (EPS) in India is a social security scheme that provides benefits to employees in the event of their superannuation, disability, or death. A break in service for this scheme typically occurs when an employee has a certain period of non-contributory service. Here's a basic template format to record details of a break in service:
1. 🤝 Employee Details:
- Full Name
- Employee ID
- Date of Joining
- Designation
2. 🚆 Break in Service Details:
- Start Date of Break
- End Date of Break
- Total Duration of Break (in days/months/years)
- Reason for Break
3. 🤚 EPS Contribution Details:
- Last Contribution Date before Break
- Amount of Last Contribution
- Resumption Date of Contribution
- Amount of Resumed Contribution
4. 🤥 Documentary Evidence (if applicable):
- Details of any supporting documents (medical certificates, approved leave applications, etc.)
5. 🕔🕯️ Signatures & Dates:
- Employee Signature & Date
- Employer Signature & Date
Remember, maintaining accurate records of any breaks in service is crucial for determining the accurate pensionable service and salary. It's also important to note that a break in service may affect your pension benefits. As per the EPS 1995, if there is a break in service for more than 2 months, the past service may not be counted for pension calculation.
Please consult with your HR department and understand all the implications of a break in service under the EPS 1995. Also, ensure to get legal advice to understand all aspects as per the Indian labor laws.
📌 Note: Always keep a personal copy of this break in service record for future reference and verification.
I hope this helps! If you need more assistance, feel free to ask.
From India, Gurugram
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Amendment in Employees Pension Scheme, 1995.pdf