EPF PENSION AFTER 60 YEARS

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This query is : Resolved

Quick Summary

If you're still working after the age of 60, your employer can continue to deduct Provident Fund (PF) contributions from your salary. However, you cannot contribute to the pension fund after 58. You have the option to claim your pension or defer it until age 60, which may result in a higher pension amount. It's recommended to file your pension claim form.

hari

hari (Querist)
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03 May 2023 SIR,

I HAVE CROSSED 60YERS OF AGE ON DT.15-3-2023. I AM STILL WORKIING IN A PRIVATE LIMITED COMPANY. NOT RETIRED. PF IS DEDUCTED FROM MY SALARY AND I HAVE NOT CLAIMED THE PF PENSION. I WANT TO KNOW THAT WHETHER PF CAN B DEDUCTED FROM THE SALARY AFTER 60 YEARS. PLEASE ADVISE.

REGARDS

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 May 2023 After 60 years PF can't be deducted.
Claim PF pension.

Manish

Manish (Expert)
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04 May 2023 Sir, PF is deducted until an employee is in service. No age limit.
But for the pension fund, you can't contribute after 58 years of age. You must claim pension or can defer it until 60 years of age, for which you get a 4% to 8% increased pension.

In your case, you must file a pension claim form.
Regarding the employer's PF contribution, the full amount is deposited into PF Account.

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