Employer Contribution To EPF Need Not Mandatorily Exceed Statutory Wage Ceiling Limit

As per EPFO circular dated 3rd January 2018, EPFO has reiterated (the Supreme Court Judgment in the matter of Marathawada Gramin Bank Karamchari Sangathan and another Vs. Management of Marathawada Gramin Bank) and has directed that employers cannot be forced to contribute over and above the statutory wage ceiling in respect of their employees. However, option is available for the employees to contribute beyond the statutory wage ceiling if they so desire subject to the conditions enumerated under Para 26 (6) of the Employees’ Provident Funds Scheme, 1952