EPFO Extends Deadline For Employers To Process Pending Higher Pension Applications; Check Details Here
The Employees’ Provident Fund Organisation has extended the deadline for employers until January 31, 2025, to process and upload approximately 3.1 lakh pending applications for the validation of options or joint options under the pension scheme for higher wages. “In spite of so many extensions, it has been observed that more than 3.1 lakh applications for validation of options or joint options are still pending with employers,” EPFO said in a statement. "Therefore, a final opportunity is being given to the employers till 31.01.2025 to ensure that employers process and upload these pending applications for validation of option / joint options," the EPFO stated, citing numerous requests from employers and employers' associations for an extension to allow more time to upload the wage details of applicant pensioners or members, according to a The Economic Times Report. Subsequently, multiple extensions have been granted to employers to upload the wage details of applicant pensioners and members, with the final deadline set for May 31, 2024, to ensure employers can process the applications.
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