Extension Of Service After Age Of 60 Years

Which law prescribes that employees in an organization with 50 or more persons shall superannuate at 58?

A person has completed 60 years of age. Can he be given an extension of service? If yes, then for how many years? Can the same salary be provided? Can P.F. and EPF be given? What is the alternative and the best way to extend the services that are beneficial to t...

Yes, an extension of service can be given. There is no mandatory upper age limit for employment in the private sector. An extension can be granted until the management deems the services economically viable. Such extended employees are covered under all governme...

Hi,As per my understanding, there is no specific age limit in the private sector for retirement or superannuation. However, if you delve deeper into this topic, there is a specific update for private sector employees in Karnataka. Recently, the government has me...

If an organization employs 50 or more persons, the retirement age is 58 years. In this case, the individual will not be considered an employee but can continue under an individual agreement. Provident Fund (PF) contributions will need to be continued, but the em...

1\. Yes, an extension can be given to the said employee as long as the employer and employee are both willing to continue the employer-employee relationship.2\. The law always sets the minimum limit when it comes to the benefits of employees. You can continue to...

Hi,There is no restriction in private firms on having employees beyond 58 years. The Employees' Provident Fund (EPF) can also continue beyond 58 years. However, the 8.33% contribution towards pension will now go towards the Provident Fund.Anil Raina+91 981018014...

Hi,Is there any rule or law that a person cannot work in the capacity of an employee after attaining the age of 60 years and must be compulsorily put into a consultancy contract if the organization wants to continue his services?Amit