How the Supreme Court ruling affects your pension payouts
2 years, 1 month ago

How the Supreme Court ruling affects your pension payouts

The Hindu  

Successive governments in India have been trying to wean workers away from defined benefit pension plans, to market-linked ones. Once you join EPF, your employer deducts 12% of your basic pay every month towards the fund, while making a matching contribution. While your 12% contribution goes entirely into your EPF account, 8.33% of your employer’s contribution goes into the EPS, a separate scheme meant to fund guaranteed pension after retirement. Both, your own contribution and employer’s contribution, amounting to 12% each of basic pay, will go only into EPF account resulting in a lumpsum payout on retirement. But the SC has granted such employees relief by saying that the EPFO shall give them four months’ time to join the EPS at their actual pay, even if higher than ₹15,000.

Retirement Supreme Court Pension Employees Pay Month Ruling Epfo Your Employer Eps Lic Epf  affects  employees  month  retirement  employers  pay  supreme  pension  15000  eps  ruling  court  payouts  epfo  epf

History of this topic

EPFO fined ₹1.5 lakh for not revising pension amount
1 day ago

EPFO fined ₹1.5 lakh for not revising pension amount

Hindustan Times  

The State Consumer Disputes Redressal Commission has directed the Employees Provident Fund Organisation, Chandigarh, to pay compensation of ₹50,000 each to three subscribers for not revising their pension without any valid reasons. As per the order, EPFO has been directed to pay for causing mental agony, harassment and unfair trade practice. Krishan Murari and two other employees of Punjab State …

EPFO high pension: Why have 1.7 million applied for higher EPS contribution?
1 week ago

EPFO high pension: Why have 1.7 million applied for higher EPS contribution?

India Today  

Over 1.7 million Employees' Provident Fund Organisation members have opted for higher pensions under the Employees’ Pension Scheme, following the Supreme Court’s landmark ruling in November 2022. This ruling has brought significant relief for eligible employees, allowing them to contribute to the scheme based on their actual basic salaries instead of the fixed threshold of Rs 15,000 per month. Under …

EPF Vs EPS: Which One Secures Your Financial Future Better?
3 weeks ago

EPF Vs EPS: Which One Secures Your Financial Future Better?

ABP News  

EPF Vs EPS: In a bid to secure the financial future of employees, India offers two major retirement schemes: the Employees' Provident Fund and the Employee Pension Scheme. Upon retirement, employees receive a lump sum, ensuring financial stability in their later years. While EPF ensures savings, EPS guarantees regular monthly income post-retirement to eligible employees. Key Differences Between EPF and …

Can you withdraw the pension share from your EPF?
3 weeks, 1 day ago

Can you withdraw the pension share from your EPF?

Live Mint  

If you're an employee contributing to the provident fund, your employer might be allocating a portion of it each month to the employee pension scheme. After an amendment on 1 September 2014, new member employees earning a basic pay of more than ₹15,000 per month cannot be a part of the pension scheme. View Full Image Mint To be sure, …

Centre plans to review upper wage limit for PF contribution
3 months, 1 week ago

Centre plans to review upper wage limit for PF contribution

The Hindu  

Union Labour Minister Mansukh Mandaviya on Tuesday said the Centre was trying to remove the ceiling for contributions towards the Employees’ Provident Fund Organisation and the Employees’ Pension Scheme run by the EPFO. “The Ministry is finalising a Cabinet note on the ELI scheme and it will be soon placed before the Cabinet for approval,” Mr. Mandaviya said. The Minister …

'Unconstitutional': Karnataka High Court Strikes Down Amendment Extending EPF Scheme To 'International Workers' Without Salary Ceiling Limit
7 months, 2 weeks ago

'Unconstitutional': Karnataka High Court Strikes Down Amendment Extending EPF Scheme To 'International Workers' Without Salary Ceiling Limit

Live Law  

The Karnataka High Court has recently declared as 'unconstitutional' para 83 introduced in the Employees Provident Fund Scheme, 1952 and para 43A in Employees Pension Scheme, 1995, which covered international workers under the scheme irrespective of the salary drawn by them with effect from 01.10.2008. The Union of India, vide notification dated 01.10.2008, introduced para 83 in the EPF Scheme …

Pension concerns: On the EPFO recommendation
10 months, 1 week ago

Pension concerns: On the EPFO recommendation

The Hindu  

The recommendation of the Central Board of Trustees of the Employees’ Provident Fund Organisation for a 0.1-percentage-point increase in provident fund deposits for 2023-24 should not be surprising, as it is in tune with what the EPFO did last year. Months ago, the Finance Ministry had rejected a proposal to double the minimum pension amount, citing a “huge rise” in …

Higher PF pension | Employers get five more months to process applications
11 months, 3 weeks ago

Higher PF pension | Employers get five more months to process applications

The Hindu  

The Employees’ Provident Fund Organisation on Wednesday extended the time for employers for uploading and submitting the joint options of employees to claim higher pension with their wage details online till May 31. The EPFO had started an online facility for submitting applications for validation of option and joint options for pension on higher wages on February 26, 2023 till …

EPF Pension: Delhi High Court Restrains EPFO From Taking Coercive Steps On Basis Of Recovery Notices For Higher Pension
1 year, 6 months ago

EPF Pension: Delhi High Court Restrains EPFO From Taking Coercive Steps On Basis Of Recovery Notices For Higher Pension

Live Law  

The Delhi High Court recently restrained the Employees’ Provident Fund Organisation from taking any coercive steps with respect to the notices issued to various pensioners by it for making recoveries of the differential amount on higher pension received by them from many years. Justice Rekha Palli passed the interim order in the pleas moved by four pensioners who, after their …

Applications for higher pensions under EPS to be assessed within 20 days of receipt: EPFO
1 year, 6 months ago

Applications for higher pensions under EPS to be assessed within 20 days of receipt: EPFO

Hindustan Times  

The joint applications for higher pensions under the Employees' Pension Scheme will have to be scrutinised within 20 days of receipt, the Employees' Provident Fund Organisation has directed its field officers. “Hence, it is reiterated that each Applications for Validation of Joint Option/Joint Option shall be scrutinized expeditiously and it shall be ensured that Demand Letter to Employer/Communication to Employer …

Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP
1 year, 7 months ago

Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP

The Hindu  

The demand to provide an opportunity to those pensioners who came under the Employees’ Pension Scheme of the Employees’ Provident Fund Organisation and retired prior to September 1, 2014, without exercising the joint option to avail themselves of higher PF pensions, has been renewed by John Brittas, Member of Parliament from Kerala. In a seven-page letter sent to the Union …

EPFO extends deadline to apply for higher pension till June 26
1 year, 7 months ago

EPFO extends deadline to apply for higher pension till June 26

Live Mint  

Retirement fund body EPFO on Tuesday extended the deadline to apply for higher pension till June 26. EPFO has made arrangements for obtaining applications for the validation of option / joint option from pensioners / members as per the Hon’ble Supreme Court order dated 4 November 2022. Earlier, the Supreme Court in its order on November 4, 2022 had mandated …

Minister clears the air over clause restricting persons opting for higher PF pension
1 year, 8 months ago

Minister clears the air over clause restricting persons opting for higher PF pension

The Hindu  

Union Labour Minister Bhupender Yadav on Thursday clarified that employees and pensioners covered under the Employees’ Pension Scheme of 1995, “are not restricted from filing application forms/ joint options,” in the absence of the requirement of permission under paragraph 26 of the Employees’ Provident Fund Scheme, 1952. Replying to a set of questions raised by John Brittas, Communist Party of …

2-day EPFO board meeting from today: List of issues likely to be taken up
1 year, 8 months ago

2-day EPFO board meeting from today: List of issues likely to be taken up

Hindustan Times  

The Central Board of Trustees of the Employees Provident Fund Organisation will convene in New Delhi on Monday for a 2-day meet, during which they are expected to discuss a host of issues, including the interest rate for the financial year 2023-24. Higher pension: The board may hold detailed discussions regarding the higher pension option for subscribers after the Supreme …

More than one lakh people opted for higher PF pension, Centre tells Rajya Sabha
1 year, 9 months ago

More than one lakh people opted for higher PF pension, Centre tells Rajya Sabha

The Hindu  

The Centre on Thursday informed Rajya Sabha that 1,20,279 employees have submitted joint options at the Employees’ Provident Fund Organisation portal for higher pension. Answering a question from Communist Party of India MP John Brittas, Minister of State in Union Labour Ministry Rameswar Teli said the total number of beneficiaries of the Supreme Court judgement on higher PF pension will …

EPF Pension | Kerala High Court Seeks EPFO Response On Plea Challenging Condition To Show Proof Of Giving Higher Pension Option
1 year, 9 months ago

EPF Pension | Kerala High Court Seeks EPFO Response On Plea Challenging Condition To Show Proof Of Giving Higher Pension Option

Live Law  

A plea has been filed in the Kerala High Court challenging the requirement of submission of proof of having opted for paying higher Provident Fund contribution under paragraph 26 of the Employees Provident Fund Scheme, towards the higher PF pension. Justice Ziyad Rahman A.A., on Wednesday, admitted the plea, and granted time to the EPFO to submit counter affidavit in …

Confusion in opting for higher pension using EPFO link: CITU
1 year, 9 months ago

Confusion in opting for higher pension using EPFO link: CITU

The Hindu  

Centre of Indian Trade Unions general secretary Tapan Sen has written a letter to Central Provident Fund Commissioner Neelam Shami Rao demanding her immediate intervention to resolve the problems in uploading the higher pension option application on the EPFO website. Higher pension | Eligible EPFO members can apply till May 3 Practical problems The former Rajya Sabha member said pensioners …

EPF Pension : Kerala High Court Restrains EPFO From Reducing Higher Pension Received By Petitioners
1 year, 9 months ago

EPF Pension : Kerala High Court Restrains EPFO From Reducing Higher Pension Received By Petitioners

Live Law  

The Kerala High Court on Wednesday, while considering the plea moved by persons aggrieved by the abrupt discontinuance or reduction of the pension that was being received by them, directed that the same shall not be curtailed, limited or stopped without specific orders from the Court. The petitioners herein, who are covered under the provisions of the Employees Provident Fund …

EPFO sets May 3 as deadline for subscribers to opt for higher pension
1 year, 9 months ago

EPFO sets May 3 as deadline for subscribers to opt for higher pension

Deccan Chronicle  

New Delhi: The Employees' Provident Fund Organisation on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2014, to contribute up to 8.33 per cent of their actual salaries - as against 8.33 per …

EPFO sets deadline for subscribers to opt for higher pension set as May 3
1 year, 9 months ago

EPFO sets deadline for subscribers to opt for higher pension set as May 3

Hindustan Times  

The Employees' Provident Fund Organisation on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2024, to contribute up to 8.33 per cent of their actual salaries - as against 8.33 per cent of …

Higher pension | Eligible EPFO members can apply till May 3
1 year, 9 months ago

Higher pension | Eligible EPFO members can apply till May 3

The Hindu  

All eligible members can opt and apply jointly with their employers for higher pension till May 3, 2023 at unified members' portal of retirement fund body EPFO. EPFO issues guidelines for employees, pensioners to opt for higher pension In an office order, EPFO had provided for dealing with the ''Joint Option Form'' by field offices of the body. EPFO has …

The pension conundrum: On the EPFO resource base
1 year, 10 months ago

The pension conundrum: On the EPFO resource base

The Hindu  

Union Minister for Labour and Employment Bhupender Yadav seems to have little to say on the issue of the Employees’ Provident Fund Organisation allowing sections of subscribers and pensioners to opt for higher pension under the Employees’ Pension Scheme, 1995. The issue of allowing higher pension — pension proposed in the event of employers making 12% mandatory PF contributions on …

EPFO circular soon on allowing online, offline options to submit pleas for higher pension
1 year, 10 months ago

EPFO circular soon on allowing online, offline options to submit pleas for higher pension

The Hindu  

The Employees’ Provident Fund Organisation is likely to publish a circular soon on the procedures for exercising option for higher pension as part of implementing the November 4 judgment of the Supreme Court on the matter. The Supreme Court had given four months’ time, which ends on March 4, 2023, to eligible employees to submit options for higher pension based …

EPFO’s plan to review high pension payout cases sparks concern
1 year, 10 months ago

EPFO’s plan to review high pension payout cases sparks concern

The Hindu  

The latest circular by the Employees’ Provident Fund Organisation on reopening cases of higher pension for those who retired prior to September 2014 has evoked concern among sections of such pensioners that they may lose the benefit which they have been enjoying for the past five years or so. The cases of employees who retired prior to September 1, 2014 …

Time to streamline the Provident Fund pension scheme
1 year, 11 months ago

Time to streamline the Provident Fund pension scheme

The Hindu  

For around 70 lakh pensioners, the end to the agonising wait for higher pension under the Employees’ Pension Scheme, 1995, appears to be no where in sight even though it has been over two months since the Supreme Court of India reiterated, as a matter of principle, its approval of the idea of higher pension. In October 2016, the top …

EPFO staff, pensioners seek clarity on circular to implement Supreme Court verdict
1 year, 11 months ago

EPFO staff, pensioners seek clarity on circular to implement Supreme Court verdict

The Hindu  

The headquarters of the Employees Provident Fund Organisation is likely to come up with yet another circular on implementing the recent Supreme Court order on higher pension. “The circular is silent about the proper implementation of the Supreme Court verdict. Activist for pensioners’ rights, Parveen Kohli, feared an attempt to hide the real facts from the Supreme Court as certain …

EPFO circular leaves a big chunk of EPS pensioners in the dark about revised scheme
1 year, 11 months ago

EPFO circular leaves a big chunk of EPS pensioners in the dark about revised scheme

The Hindu  

The Employees Provident Fund Organisation ’s latest circular, providing an opportunity to a section of pensioners to apply for higher pensions, is silent about those who could not exercise the option for enhanced pension due to the authorities’ interpretation of the cut-off date. Gupta case of 2016, the apex court stated two months ago that “all the employees who did …

Govt. examining Supreme Court order on employees' pension scheme: Union Minister Rameswar Teli
2 years ago

Govt. examining Supreme Court order on employees' pension scheme: Union Minister Rameswar Teli

The Hindu  

The government on Thursday said it was examining a Supreme Court judgement which upheld the Employees' Pension Scheme, 2014 and allowed the employees to opt for enhanced pension coverage alongside their employers, in four months' time. Mr. Teli was replying to a question on whether the government was aware about the Supreme Court verdict of November 4 on EPF pension …

Interview with Labour Minister | SC order on higher pension contribution has many implications, says Bhupender Yadav
2 years ago

Interview with Labour Minister | SC order on higher pension contribution has many implications, says Bhupender Yadav

The Hindu  

The 17th Asia and the Pacific Regional Meeting of the International Labour Organisation will be held in Singapore between December 5 and 9. On the recent Supreme Court verdict on the EPFO higher pension, Mr. Yadav said it was being examined by his Ministry. In Singapore, India’s suggestions will include the way to strengthen employment service portals, integration of job …

Explained: Supreme Court's EPF decision and what it means for you
2 years, 1 month ago

Explained: Supreme Court's EPF decision and what it means for you

Firstpost  

The apex court ruling means Employees Provident Fund Organisation members can now contribute 8.33 per cent of their actual salaries rather than 8.33 per cent of the pensionable salary which was capped at Rs 15,000 per month. The apex court also held that the EPFO cannot ask subscribers for an additional 1.16 per cent of contribution of salary for opting …

Explained | The Supreme Court order on PF pensions
2 years, 1 month ago

Explained | The Supreme Court order on PF pensions

The Hindu  

The story so far: Thousands of working individuals who are eligible for pension under the Employees’ Pension Scheme-1995 of the Employees’ Provident Fund Organisation and those who already draw PF pension have been litigating in various courts for several years, seeking to invoke a provision in the scheme by which pension benefit can be substantially increased. The litigation by employees …

SC Opens 4-month Window for Eligible Employees Under EPS to Opt for Increased Pension
2 years, 1 month ago

SC Opens 4-month Window for Eligible Employees Under EPS to Opt for Increased Pension

News 18  

Eligible employees who had not opted for enhanced pension coverage prior to 2014 can jointly do so with their employers within the next four months after the Supreme Court upheld the Employees’ Pension Scheme, 2014. The court on Friday struck down the requirement in the 2014 amendments mandating employee contribution of 1.16 per cent of the salary exceeding Rs 15,000 …

EPF Pension Case : 2014 Amendment Not Whimsical, Classification Based On Salary Reasonable - Reasons Cited By Supreme Court
2 years, 1 month ago

EPF Pension Case : 2014 Amendment Not Whimsical, Classification Based On Salary Reasonable - Reasons Cited By Supreme Court

Live Law  

In a significant judgment impacting lakhs of workers across the country, the Supreme Court on Friday upheld the Employees' Pension Scheme 2014, which, among other things, capped the maximum salary for joining the EPF Pension Scheme as Rs 15,000 per month with effect from September 1, 2014. As per the 2014 amendment, members whose monthly salary exceeded Rs.15,000/- had to …

Centre, employees for detailed study of EPFO case verdict
2 years, 1 month ago

Centre, employees for detailed study of EPFO case verdict

The Hindu  

The Union Labour Ministry, the Employees’ Provident Fund Organisation and organisations of employees and employers are studying the Supreme Court order on Friday upholding the validity of the Employees Pension Scheme of 2014. Sources in the Labour Ministry said it would come up with detailed guidelines for the employees and employers on implementing the verdict. ‘Incomplete verdict’ BMS national secretary …

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid’
2 years, 1 month ago

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid’

The Hindu  

The Supreme Court on Friday upheld the Employees’ Pension Scheme, 2014 as “legal and valid” while reading down certain provisions of the scheme concerning current members. Lalit came in an appeal filed by the Employees Provident Fund Organisation challenging decisions of the Kerala, Rajasthan and Delhi High Courts quashing the 2014 amendments on “determination of pensionable salary” under the Employees …

SC upholds validity of EPS 2014, quashes Rs 15,000 salary limit
2 years, 1 month ago

SC upholds validity of EPS 2014, quashes Rs 15,000 salary limit

Deccan Chronicle  

NEW DELHI: The Supreme Court on Friday upheld the validity of the Employees Pension Scheme of 2014 but quashed the threshold limit of Rs 15,000 monthly salary for joining the pension fund. The 2014 amendment had capped the maximum pensionable salary at Rs 15,000 per month. The bench further held as invalid the condition in the 2014 scheme that required …

All employees can opt for EPFO pension scheme: Supreme Court
2 years, 1 month ago

All employees can opt for EPFO pension scheme: Supreme Court

The Hindu  

The Supreme Court on Friday upheld the Employees’ Pension Scheme, 2014 of the Employees’ Provident Fund Organistion as “legal and valid” while reading down certain provisions. The court struck down a requirement in the 2014 amendments that employees who go beyond the salary threshold should contribute monthly to the pension scheme at the rate of 1.16% of their salary. The …

EPF Pension Case : Highlights Of Crucial Supreme Court Judgment
2 years, 1 month ago

EPF Pension Case : Highlights Of Crucial Supreme Court Judgment

Live Law  

The Supreme Court delivered its crucial judgment in the EPF Pension case which impacts several employees across the country.Here are the highlights of the judgment delivered by a bench comprising Chief Justice of India, Justice Aniruddha Bose and Justice Sudhanshu Dhulia : The provisions of the Employees' Pension Scheme, 2014 are legal and valid. The Supreme Court delivered its crucial …

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES
2 years, 1 month ago

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES

Live Law  

The Supreme Court will pronounce TODAY the Judgement in appeals filed by the Employees Provident Fund Organization and the Union Government challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014.A bench comprising Chief Justice of India Uday Umesh Lalit, Justices Aniruddha Bose and Sudhanshu DhuliaThe Kerala. The Supreme Court will pronounce TODAY …

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES
2 years, 1 month ago

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES

Live Law  

The Supreme Court will pronounce TODAY the Judgement in appeals filed by the Employees Provident Fund Organization and the Union Government challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014.A bench comprising Chief Justice of India Uday Umesh Lalit, Justices Aniruddha Bose and Sudhanshu DhuliaThe Kerala. The Supreme Court will pronounce TODAY …

Supreme Court upholds employees pension scheme, set aside salary limit of Rs 15k
2 years, 1 month ago

Supreme Court upholds employees pension scheme, set aside salary limit of Rs 15k

India Today  

The Supreme Court on Friday upheld the Employees Pension Scheme 2014 and set aside the salary limit of Rs 15,000 which was fixed by the High Court. The judgment by a three-judge bench led by Chief Justice of India U U Lalit came on an appeal filed by the Employees Provident Fund Organisation which had challenged orders of the Kerala, …

EPF Pension Case : Supreme Court To Pronounce Verdict On EPFO Appeals Tomorrow
2 years, 1 month ago

EPF Pension Case : Supreme Court To Pronounce Verdict On EPFO Appeals Tomorrow

Live Law  

A 3-judge bench comprising Chief Justice of India Uday Umesh Lalit, Justices Aniruddha Bose and Sudhanshu Dhulia had reserved judgment on August 11 after 6-days of hearing. In 2018, the Kerala High Court, while setting aside the Employee's Pension Scheme, 2014 ], allowed paying pension in proportion to the salary above the threshold limit of Rs 15,000 per month. The …

EPF Pension Case : Supreme Court Verdict On EPFO Appeals Likely To Be Pronounced Next Week
2 years, 1 month ago

EPF Pension Case : Supreme Court Verdict On EPFO Appeals Likely To Be Pronounced Next Week

Live Law  

The Supreme Court is likely to pronounce next week the judgment in the appeals filed by the Employees Provident Fund Organization challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014. In 2018, the Kerala High Court, while setting aside the Employee's Pension Scheme, 2014 ], allowed paying pension in proportion to the …

EPF Pension Case : Supreme Court Reserves Judgment On Appeals Of EPFO
2 years, 4 months ago

EPF Pension Case : Supreme Court Reserves Judgment On Appeals Of EPFO

Live Law  

The Supreme Court on Thursday reserved judgment on the appeals filed by the Employees Provident Fund Organization challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014.A 3-judge bench comprising Justices Uday Umesh Lalit, Aniruddha Bose and Sudhanshu Dhulia reserved judgment after 6-days of hearing.In 2018, the. The Supreme Court on Thursday reserved …

EPS Case : Pension Corpus Remains Intact, Payments Coming From Interest, EPFO Can't Raise Fund Issues - Employees To Supreme Court [Day 5 Hearing]
2 years, 4 months ago

EPS Case : Pension Corpus Remains Intact, Payments Coming From Interest, EPFO Can't Raise Fund Issues - Employees To Supreme Court [Day 5 Hearing]

Live Law  

On the fifth day of the EPF Pension case hearing, the pensioners told the Supreme Court that the verdict in R.C. The Bench was considering the appeals filed by the Employees Provident Fund Organization challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the 2014 Amendment Scheme. In 2018, the Kerala High Court, while setting aside the …

Subscribers say there is surplus money in EPS
2 years, 4 months ago

Subscribers say there is surplus money in EPS

The Hindu  

Employees and pensioners in the Supreme Court on Thursday tore into the controversial amendments on “determination of pensionable salary” introduced into the Employees Pension Scheme of 1995. Lalit, senior advocate Jayant Muth Raj, appearing for employees of Kerala district cooperatives, trashed the claims made by the Centre and the Employees Provident Funds Organisation in court that the EPS-1995 was facing …

EPF Pension Case : Provident Fund Members Don't Automatically Become Eligible Under EPS, EPFO Tells Supreme Court
2 years, 4 months ago

EPF Pension Case : Provident Fund Members Don't Automatically Become Eligible Under EPS, EPFO Tells Supreme Court

Live Law  

The Employees Provident Fund Organisation on Tuesday told the Supreme Court of India the structure of Employee Provident Fund Scheme and Employee Pension Scheme is entirely different.EPFO, appearing through Senior Advocate Aryama Sundaram made the submission before Justices UU Lalit, Aniruddha Bose and Sudhanshu Dhulia. The Employees Provident Fund Organisation on Tuesday told the Supreme Court of India the structure …

EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage
2 years, 10 months ago

EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage

India TV News  

Retirement fund body EPFO is mulling a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month and are not mandatorily covered under its Employees' Pension Scheme 1995. Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic wages are more …

Pension Rule BIG Change: You will Receive Pension by this Date From Now, Details Here
2 years, 11 months ago

Pension Rule BIG Change: You will Receive Pension by this Date From Now, Details Here

News 18  

EPS Pension Disbursal Rule Change: The Employees Provident Fund Organisation, or EPFO, has taken note of the adversities faced by pensioners who have claimed that their pension does not reach them on time. The EPFO, in a circular dated January 13 this year, has said that the pension amount must be credited to the EPS 95 pensioners’ accounts within the …

Discover Related