Employer PF contribution in case of worker above 58 years drawing monthly wages less than Rs. 15000

If the company is covered under PF Act then is employer exempted from contributing provident fund of his share and deducting workers pf in case of worker above 58 years drawing monthly wages less than Rs. 15000/- (a) considering he is a new entrant, not an existing pf member (b) worker is existing pf member.

Dear Sharad you have stated that Employee is already Member of EPF.He has joined your Establishment after attaining 58 years.If Employee in question has not withdrawn His PF Accumulations, he will continue to be Member of EPF Consequent to Joining your Establishment

Dear Srinath, what if the company is covered under PF Act then is employer exempted from contributing provident fund of his share and deducting workers pf in case of worker above 58 years drawing monthly wages less than Rs. 15000/- considering he is a new entrant, not an existing pf member

Dear Mr Sharad, maximum age for coverage of an Employee under EPF is 55 Years.EPF is meant for creating "Retirement Fund". In case you recruit an Employee above 58 Years, you can exclude such Employee from EPF Coverage provided Employee was never EPF Member.You have to compulsorily take EPF Declaration Form-11 & initiate action based on the information furnished therein
What is the logic of Recruiting an Employee who has already attained 58 Years? is it a hypothetical question?

Agree that their is no logic in recruiting a worker over 58 years. But their are cases in which persons have been recruited as Consultants.

Dear Sharad, Please understand the difference between Employee vis a vis Consultant.EPF Act is applicable to Employees, not to consultants

You may hire such person on retainer ship to overcome such issue.
Regards
Lakshya