DESCRIPANCY IN CALCULATION OF PENSION
- Way to improve working in PF Deptt
There is a lot of problems in the PF deptt due to which people, after leaving their jobs, have to visit the office repeatedly to get the PF amount and Pension. Some people have to forcibly forego t...
By Deepak Shara/ - PF improvement
Please allow 100% withdraw or request corporate to open RD with postal, when it get mature or person quit that amount should be FD into postal itself. Based on the needs the employee can withdraw t...
By Vikraman Santhanam/ - REVISION IN EPF EFFECTS
iN THIS CONNECTION I HAD MADE COPLAINT BUT THE BHOPAL PF OFFICE DENIED TO PAY Rs.1000/- EPF GIVING SIMPLE REASON THAT YOU HAVE DRAWN PREMATURED EPF ,THEN YOU ARE ELIGIBLE FOR Rs600/- ONLY.
By TARA CHAND AGRAWAL/ - KYC exit date and of money not deposited
My previous company has not deposited our PF amount for 2 years nor done KYC nor made exit date. Inspite of facts known to EPFO has not taken any action in the interest of Employees being renowned...
By Rohit Vatsa/ - Continuity of Employment with 3 company -Date of Joining must be correct one of first initial joined
Person joins with first company, serves around 10 years in same company, subsequently company business is demerged in 2 separate businesses, company issues proper letters to employee with moved to ...
By Jagdish Vyas/ - Pension after retirement to start within 3 months of retirement
A person who retires should get his pension starting within 3 months from the date of retirement. It should be the duty of the responsible staff in the EPF office to ensure that all documentation a...
By Deepak Shara/ - Unable to Withdraw PF
I am unable to withdraw my PF because my UAN and Addhar are not getting linked due to the mistake of my employer who publish wrong name to EPFO and that employer is no more in existence. So now i d...
By Kailash Pant/ - Transfer of Accumulation or account from previous employer to present
My UAN no is 100865597685 generated under howrah epfo. My present employer sent form13 on 27/09/2018 to howrah sro Till date it is not processed. When contacted Bareilly SRO they said the...
By SUJIT KUMAR JANA/ - Pension and PF
Pension and PF for PSU RETIREE should be considerred.
By Devendra Pratap Singh/ - Transfer of EPF account from Karnataka (KN/15092/78)to Odisha (OR/7363/101) -Not yet materialised
Similar cases may be there or others unsettled EPF accounts. for a long time without any proper response from the EPF authorities, and may be useful for settlement of such long pending accounts wit...
By SINAGM JAYANTHU/ - I am unable to get UAN number and withdraw my EPF.
I got my UAN number generated online on EPF website couple of months back. It is 101341097532 . Unfortunately I was unable to update my KYC as I got the error message as- This functionality wi...
By Sitakanta Acharya/
I have also retired on 15 May 2018. EPFO has denied the enhanced pension saying it is applicable only for those who retired before 1 Sep 2014. I joined EPFO on 22 Sept. 2997 and my contributions are up to date with out interruption till 15 May 2018 at 12% of actual Basic+DA. They had deducting only Rs. 541 till 1 Sep 2014 and there after Rs. 1250 Per month towards EPS. My entire amount is with EPFO in case of enhanced pension they do not have to recover anything from me but deduct the higher amount from my accumulations, which they don't agree.
Not only that they are also not following the formula of Avarage Salary for last 60 Months presiding date of retirement. They are calculating in two parts total of 21+ years weightage i. 23 years toalt as follows:-
1. Average pensionable salary for 12 months presiding 1 Sept 2014 i.e. 6500/- and no. of years from 22 Sept. 1997 to 1 Sep 2014 i.e. 17 years.
6500*17/70 = 1578.5/-
2.Average pensionable salary 15000 for 45 months (from 1 Sep 2014 till 15 May 2018) and again 6500/- for 15 months presiding 1 Sep. 2014. Average comes out to be 12875/-
so 12875*(4 years + 2 years weightage)/70 =1104/-
Total pension they have calculated as 1578.5+1104 = Rs. 2682. Per month.
I strongly feel it is wrong at least they should consider in part and average salary of last 60 months, But they are saying they have the software to calculate in two parts and can not do any thing.
Now how to make these people understand?
Kindly suggest
ABDULRASHID SHAIKH EPFO MEMBER (GOA)
UAN 100449590887 more