One employee’s P.F. Join date is 01.01.2013 working till date, but in between this he absent for two years. Is he is eligible for pension?
From India, Kolhapur
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1From India, Kolhapur
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Dear Colleague,
To become eligible for Employees' Pension, the member has to complete 10 years of contributory membership under EPS as per the provisions of the Employees Provident Fund and MP Act. If you transfer your previous accumulations to your current EPF Account under UAN, then your service will be counted for Pension calculation and eligibility. If you had closed your previous PF accounts, then it is not possible to continue and count the past service. Please check on this. If not closed, then ensure that you are transferring the accumulations under PF/EPS to the current UAN/PF A/c Number. Then see whether you had done 10 years of service. If 10 years have been completed or when you complete 10 years of service, you will become eligible for EPS.
From India, Chennai
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To become eligible for Employees' Pension, the member has to complete 10 years of contributory membership under EPS as per the provisions of the Employees Provident Fund and MP Act. If you transfer your previous accumulations to your current EPF Account under UAN, then your service will be counted for Pension calculation and eligibility. If you had closed your previous PF accounts, then it is not possible to continue and count the past service. Please check on this. If not closed, then ensure that you are transferring the accumulations under PF/EPS to the current UAN/PF A/c Number. Then see whether you had done 10 years of service. If 10 years have been completed or when you complete 10 years of service, you will become eligible for EPS.
From India, Chennai
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Thank you for the valuable guidance. But the employee working in the same company and his pf contribution is skipped for two years.
From India, Kolhapur
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From India, Kolhapur
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You mentioned in the post that the employee was absent. Later, you said his EPF contribution was skipped. Hence, if he was absent and not employed anywhere, it means he will not be eligible. But if his contributions are skipped by the employer despite being on the job, then it's a lapse on the employer's part.
From India, Vadodara
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From India, Vadodara
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9. Determination of eligible service. The eligible service shall be determined as follows:
(a) In the case of a "new entrant," the "contributory service" shall be treated as eligible service. The total contributory service shall be rounded off to the nearest year. The fraction of service for six months or more shall be treated as one year, and the service less than six months shall be ignored.
Explanation: In the case of employees employed seasonally in any establishment, the period of "contributory service" in any year, notwithstanding that such service is less than a year, shall be treated as a full year.
(b) In the case of the "existing member," the aggregate of contributory service and the "past service" shall be treated as eligible service. Provided that if there is any period in the "past service" for which the contributions towards the Family Pension Scheme, 1971 have not been received, the said period shall count as eligible service only if the contributions thereof have been received in the Employees' Pension Fund.
Explanation: For the purpose of this sub-paragraph, the aggregate of contributory service and past service for less than six months shall be ignored, and six months and above shall be rounded to a year.
From India, Vadodara
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(a) In the case of a "new entrant," the "contributory service" shall be treated as eligible service. The total contributory service shall be rounded off to the nearest year. The fraction of service for six months or more shall be treated as one year, and the service less than six months shall be ignored.
Explanation: In the case of employees employed seasonally in any establishment, the period of "contributory service" in any year, notwithstanding that such service is less than a year, shall be treated as a full year.
(b) In the case of the "existing member," the aggregate of contributory service and the "past service" shall be treated as eligible service. Provided that if there is any period in the "past service" for which the contributions towards the Family Pension Scheme, 1971 have not been received, the said period shall count as eligible service only if the contributions thereof have been received in the Employees' Pension Fund.
Explanation: For the purpose of this sub-paragraph, the aggregate of contributory service and past service for less than six months shall be ignored, and six months and above shall be rounded to a year.
From India, Vadodara
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Reckoned from 01.01.13, the employee has completed the eligibility period of 10 years of service. Pension is calculated using the formula = (Service Period x Pensionable Salary)/70. Pensionable salary is the average of the last drawn salary.
Thank you.
From India, Mumbai
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Thank you.
From India, Mumbai
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PF Judgement - Bom HC - Temp employee.doc