Put Break Certificate For Free

Yes, the Supreme Court upheld the Employees' Pension (Amendment) Scheme, 2014, which paved the way for the enhancement of the wage ceiling to Rs 15,000 per month for the calculation of contribution. In other words, it really restricts the membership of the Scheme up to a wage limit of Rs 15,000 per month.

If there is any break in the service i.e. no contribution was deposited in EPS, the same would also be proportionately reduced from total years of service, as per scheme.. And such break certificate has to be obtained from employer if the organisation is not closed.

The break certificate is to be submitted by the employee directly to EPFO or through the employer.

However, in Pension Account, break in service is relevant factor. In Pension From 10C, employer has to write non-contributory service at the end of the form and in From 10D also at the end employer has to certify the non-contributory service during past 12 months of date of leaving the service.

Break in Service means any Plan Year, or, for the initial eligibility computation period under Section 3.2, the 12-consecutive month period beginning on the first day of which an Employee has an Hour of Service, in which an Employee has 500 or fewer Hours of Service.

EMPLOYEES PENSION SCHEME 1995 DETAILS OF BREAK IN SERVICE. Name of the member. Account Number. A) Date of commencement of Family. Pension Fund membership. B) Date from which Family Fund. ... C) Date of commencement of Pension. ... D) Last date upto which wages were paid : ... Period of Break in reckonable service. ... Last salary drawn.

An EPS Scheme certificate is issued to those employees who want to transfer the pension amount to a new account after changing their jobs. If the total service period of the EPFO member is 10 years or more the pension amount can only be transferred from one account to another using the EPS Scheme Certificate.