EPFO Update: Contributions above limit Will Now Go Directly to EPF, Not EPS
According to EPFO rules, an employee cannot contribute to the Employee Pension Scheme (EPS) once they reach 58 years of age. However, if the employer considers the employee eligible for a deferred pension, contributions can continue. Earlier, employees earning more than ₹15,000 per month and joining EPS on or after September 1, 2014, were not … Read more