Then there is general notion that EPF pensioners have been paid up both the shares (Employees & employer) They forget to see that earlier PF deduction used to be in single or double digits only when salaries used to be in 3 to 4 digits. Naturally the deposits at the end of service have to be very less. This is the reason PF Dept. has been paying very small amount of double shares to workers on retirement which cannot offset the pension criteria.
Then PSO organization like FCI, Pb. Agro Industries Corporation , Markfed etc and many other boards and corporations are directly controlled by Govt. All rules and regulation of Govt. are followed but employees are deprived of the pension criteria used for other Govt. employees. These employees should at least be compensated in EPF pension. more
In which organisation you are working Dear Suryaprakasa Rao ? It is mandatory to the organisations under PSU / private / educational institutions / Coop organisations who are members of EPFO and the employees are entileled for EPS contribution too more