Dear CA Club,
Can you please help understand what happens to the 8.33% EPS ( employee pension scheme ) component of Employer's contribution towards EPF , when any private sector employee transfer the EPF from old company to new company within the same UAN ?
Where is the EPS gets accumulated and how to see the balance of EPS for employees who has worked when UAN was not implemented ?
After working for 30/35 years , is there any provision for pension for private sector employees ?
Any clarity may help lots of individuals . Thanks
CAclubindia
