After 58 Years Of Age Wrongly Entered In Ps
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Please shed some light on the subject relevant to state government laws. Since most firms include in employment letters the phrase 'on attainment of 58 years of age, you will be retiring from services,' clarification on this matter would be beneficial for all se...
Dear All,As everyone has mentioned, the retirement age is typically 58\. However, in the case of small companies, retirement may not be granted easily to employees who have been with the company for a long time due to the limited business scope and staff size. D...
On completion of 58 means the last day of the 58th year, i.e., one day before the date of birth.
Retirement policies of banks, private corporates, and governments differ vastly. It can be at age 55, 58, or 60\. When it is mentioned that upon attaining the age of 58, it clearly means that the person has completed the age of 58\. The law is very clear. Perhap...
Our lawmakers are not so studious or careful when they draft legislation ambiguously. However, any age prescription is commonly understood based on the context. For retirement, it is typically the completion of 55, 58, or 60 years.Vibhakar Ramtirthkar.
Dear Prabhakar,Age means the completed number of years in the life of a living thing. On attaining 58 years means the completion of 58 years and the commencement of the 59th year. I am unable to understand what your query is.
Require a letter for correction in PF ECR sheet of wrongly submitted pension amount after completing the age of 58 years of our employee.
As per my understanding, you want to say that one of your employees has reached the age of 58 and is still working in your company. In this case, you only want to remit the full 24% in his EPF account (as per law). However, due to a mistake in one month, you or ...
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Hi, we are facing the same issue one time. Please find the attached file.–-I have revised the user's input for spelling, grammar, and punctuation errors, ensuring proper paragraph formatting.