EPS/FPF MEMBERSHIP
Querist :
Anonymous
(Querist) 24 March 2010
This query is : Resolved
RESPECTED SIR,
MY QUESTION IS THAT, IS IT MANDATORY/COMPELSORY FOR AN EMPLOYEE WHO IS GETTING MORE THAN RS6500/PM FOR BECOMING MEMBER OF FPF/EPS IF WE MAKE HIM MEMBER OF EPF OF EXEMPTED ESTABLISHMENT . IF THERE IS ANY RULING REGARDING EXCLUDED EMPLOYEES FOR NOT MAKING MEMBER OF EPS WHEREAS HE BECOMES THE MEMBER OF EPF.
KIND REGARDS
A.R.KUPPUSAMI
(Expert) 26 June 2010
EPF Act is mandatory. For the employees who draw more than 6500/- per month he should come forward with the employer's consent to become a subscriber of EPF scheme. for EPS age factor is the main subject he should performed for 10 years service within the age limit of retirement(58 yrs)