As far as I knew, it’s mainly because of the EPS column being filled and value being added for an employee in the ECR file wherein that employee is not eligible / EPS account is not created so far.
Employee joining post 2014 Sep is not eligible for EPS (Pension scheme), due to which you might be the error.
I have also uploaded the PF error reports for your reference.
Employee whose wages are above 15000 are not eligible for PS as per the amended rules of EPS via notification dated Aug 22, 2014 and ais applicable from september 1, 2014.
If you want to enroll for EPS show the employee wage below the slab (15000).
Error occurs when you mention the salary above 15000 for EPS column
As per the error code wages are entered wrong for 4 members in the mentioned line numbers. Change the wages to zero for smooth upload.
If you want to enroll those 4 employees to EPS, change their wages to 15000 (probably these 4 employees basic+da are more than 15000).
Despite of doing all these still if you face difficulty share the statement along with your login credentials. I will do it for you.
I have a query with regard to the EPS contribution for employees who have joined after 2014.
If an employee has withdrawn the PF prior to 2014 and taken a break, rejoined after 2014 with basic salary above 15K… will he contribute towards EPS also.
It is because the employees’ salary (monthly EPF wages as on joining) is above 15000. The DOJ is 18-07-2022. The EPS ceiling was removed only last month…
His previous employer has removed him from EPS showing his wages as more than 15K.
In this scenario, you will have to add his EPS amount to EPF & keep ESP as ‘0’ zero.
Recently whoever joins you cannot contribute towards EPS. Employer contribution is fully provided to Employer PF. It has been 2 years or more since this has been implemented but there is no specific article or notification to support.
Then it won’t count this person in EPS while generating challan.
And in GreytHR first remove tick mark from EPS contibution under Bank/PF/ESI then go to payroll input salary section and just below CTC you will see PF related item then click it->EPS basic-> override it to zero. Then from next time onwards it won’t consider/calculate his EPS.
Then it won’t count this person in EPS while generating challan.
And in GreytHR first remove tick mark from EPS contibution under Bank/PF/ESI then go to payroll input salary section and just below CTC you will see PF related item then click it->EPS basic-> override it to zero. Then from next time onwards it won’t consider/calculate his EPS.