Pension Contrubution

kailashinbox

Dear All,
In my EPF - UAN statement, there was column called "PENSION CONTRIBUTION". Whether that contribution was mad by the Employee or Employer?. Now I am 32Yrs old. I had worked for the concern for about 5 Years. Now I am going to leave the concern. Will get the Pension Contribution at time of settlement>

abbasiti

Dear Kailash,
8.33% would be the pension contribution paid from employer contribution. If your service is below 10 years, you will get one time withdrawal benefit from pension fund now. Otherwise you will get pension for which you have to wait at least upto 50 years' age completion.
Abbas.P.S

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