Topics on Set Off Set Off

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Aranya Dey (Querist)
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30 October 2008 Can Any one answer the followings:-
1)In Bonus Act how the Set Off/Set on lapse after 4 Yr.s Is it deducted or added to the General Reserve?
2)Should one can receive pension all along his life he is living Or there is any stipulated period of getting Pension?
3)(a)Is the max.wage limit for Pension Fund increased from Rs.6,500/-?
(b)Is the max.wage limit for ESI Fund increased from Rs.10,000/-?

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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30 October 2008 1) Set on is outside the purview of books.
2) Yes all along his life
3)a) No.
b) No.

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