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Can I contribute to PF after 58 and be eligible for pension?

T S Khurana

T S Khurana   |479 Answers  |Ask -

Tax Expert - Answered on Sep 30, 2024

A certified management accountant since 1993, T S Khurana is a fellow member of The Institute of Cost Accountants of India. His areas of expertise are income tax, specifically litigation cases, and GST.

Since the last 21 years, he has also been providing expert advice on financial matters, including investments and diversification of funds, and wealth building in the long term to his clients.
He believes that investment in real estate is the safest way for better returns and wealth generation over a period of time.

A former chairman of the Chandigarh Chapter of Institute of Cost Accountants of India, T S Khurana has also served as member of its technical committee.... more
Asked by Anonymous - Sep 30, 2024Hindi
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hi sir My query is that is it possible to contribute to PF account after attaining the age of 58 years so to complete 10 years of service for getting eligible for pension

Ans: 01. If you continue to be in Job, deduction for PF account will continue, but if you leave the job or get retired, your contribution to PF account would discontinue.
Main point is 10 years of service & not your contribution for 10 years to PF account for Pension benefits.
You may either continue in the present job or join some other & complete 10 years to be eligible for pension benefits, under the scheme.
Most welcome for any further clarification. Thanks.
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