Inclusion of Accumulated amount Employees share of PF paid at the time of retirement.

A Public Sector Bank has
included the amount of Accumulated Balance of Employees Share of PF paid to the employee at the time of retirement under Salary and allowed Exemption under Sec. 10(11) for the same amount in Form 16. (Accumulated balance of Employer share of PF is not paid to the employee as Pension is payable)
please clarify whether the above treatment is correct.

Santhanakrishnan