Would it be possible give a clear a picture regarding 'BASIS OF CALCULATION OF PENSIONABLE SALARY' existing at present? Earlier it was Average pay of last 12 months immediately before superannuation. more
Pensionable salary is not last drawn salary. Pensionable salary is decided by the trust. For From Nov 1995 to May 2001 it was Rs. 5000/- from June 2001 to March 2014 it was 6500/- and from April 2014, it has been revised to Rs. 15000/-. However, the member is given option for opting full salary i.e. basid + DA as pensionable salary and it is not mandatory. more
There is general notion that EPF pensioners have been paid up both the shares (Employees & employer) EPFO 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 even of double shares to workers on retirement which cannot offset the pension criteria. more
The calculation of penssion is clearly defined in the act. However the formula is "pensionable salary x pensible services divided by 70 = pension. more
EPFiGMS is a customised portal of EPFO with an aim to redress grievances for the services provided by EPFO. Grievances can be lodged at any place and will land in concerned office to which the grie...
A PF subscriber with code THVSH01199330000028350 has reported inordinate delays in crediting of interest payable as on 31st March 2018 to his account which ultimately is the cause of loss to the su...
Transfer of old PF amount to new PF account is pending with Delhi (north) PF regional office since last six months. Wanted to know why it is held there and not getting transfer to my new account.
I am trying to withdraw my epf through online mode and tried to update my Aadhar card with EPFO member portable but I am unable to do that. It is showing me an error that your Pan & Aadhar card...
Hi All My UAN Pass Book not open on EPFO sites with msg " ( Passbook not available to this Member-id as this pertain to exempted establishment (i.e. Trust).Requested to contact your em...
I had worked with an organization for 1.5 years. During that period my PF was deducted from my salary. recently i am not working any organization from last 2 years. Hence, I decided to ...
Hi All My previous employer has done the kyc verification on online portal during PF withdraw , but they are unable to mentioned the reason of leaving the organization on portal and ask...
There are few organisations who do not deposit Employee Provident Fund in the PF account. Total amount goes in crore. When one of the employee visited PF office, they advised him to leave the compa...
By Shailendrakumar Ughadmathe
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