Letter Of Extension Of Employement After Retirement
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Search Result For "Letter Of Extension Of Employement After Retirement" - Page 1
Gayatri, Kamal said it rightly. Only the EPS portion of his PF will not be there after 58 years.Pon
A) Obtain a request letter from the concerned employee requesting an extension of service.b) Ensure the request letter is approved and accepted by the authorized person on behalf of the organization.c) Issue a letter to the concerned employee confirming the acce...
@mmenterprises:> Sir,> > I would like to know why there is a limit on the retirement age for individuals who have devoted their heart and soul to the growth of the company. There should be a law allowing individuals to continue working until they choose to retir...
Dear Friend,Question: Whether the employees who get a professional fee per month and are on a roll contract be eligible for gratuity?No, since he is receiving a professional fee and not a salary, he may not be eligible for gratuity.Regards,Alphonse
Sir,I would like to know why there is a limit on the retirement age for individuals who have put their heart and soul into the growth of the company. There should be a law in place where a person cannot be retired unless and until they choose to do so.Aakash Gup...
Mr. Pon is correct. After the age of 58, employees will start receiving their pension (if eligible), and the employer's contribution (12%) will go towards the PF fund and not the pension fund.Thank you.
One employee continues in service even after reaching retirement age. Let's say he retired on 31-3-2010\. How do we calculate the gratuity payable? Do we pay:- As per the pay and number of years of service as of 31-3-10, plus interest till the current date (Plea...
There is no fixed retirement age in India. There is no parity in retirement age because different organizations have their own norms. Traditionally, it was 58, and some employers made it 60 years.There is nothing wrong in putting someone in a job after retiremen...
What is the law in India with respect to retirement? Can the employee continue after the retirement age as he was doing earlier, or is it mandatory to have the person on contract post-retirement?Also, I have read that the employer only contributes 8.33% to PF in...
Hi,In India, the retirement age is between 58 and 60 years in the private sector.After retirement, it is better to enter into a separate employment contract, preferably as a Consultant, without any statutory liabilities.After 58 years, the Pension contribution o...