EPF Pension Case : Supreme Court To Hear On August 17 Pleas Against HC Verdicts On Pension Proportionate To Salary
3 years, 7 months ago

EPF Pension Case : Supreme Court To Hear On August 17 Pleas Against HC Verdicts On Pension Proportionate To Salary

Live Law  

The Supreme Court on Thursday adjourned the hearing of a batch of petitions filed by the Union of India and Employees Provident Fund Organisation against the judgments that had held that employees pension could not be capped at Rs 15,000 and that the same should be proportional to the last drawn salary. On February 25, 2021, the division bench of Justice UU Lalit and Justice KM Joseph while specifying that the matter shall be taken up on a day to day basis and listing the lead matters, had restrained the High Court of Kerala, Delhi and Rajasthan from initiating contempt proceedings against the Central Government and the EPFO over non-implentation of the HC verdicts. In a reprieve to the Central Government and the EPFO, on January 29, 2021, the Top Court bench comprising Justices Uday Umesh Lalit, S. Hemant Gupta and Ravindra Bhat had recalled its order dismissing the Special Leave Petition filed against the Kerala High Court judgment that set aside Employee's Pension Scheme, 2014 that capped maximum pensionable salary to Rs.15, 000 per month and had posted the SLPs filed against the High Court judgment by the Union of India and Employees Provident Fund Organisation for preliminary hearing on February 25, 2021. The Central Government's contention was that as a result of the directions issued by the High Court, the benefit would get conferred upon employees retrospectively which, in turn, would create great imbalance.

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History of this topic

EPFO claims huge liability to pay off higher pension demands, workers, pensioners object
3 weeks, 5 days ago

EPFO claims huge liability to pay off higher pension demands, workers, pensioners object

The Hindu  

The Employees Provident Fund Organisation fears that it may have to spend ₹1,86,920 crore to pay just 50% of the total applicants for a higher pension. It said interim actuarial evaluations will continue for every 50,000 demand letters issued to the Employees Pension Scheme subscribers who had submitted joint options with their employers. “Evaluation of sample data of around 38,000 …

EPFO panel to discuss higher pension, new interest rate, changes in insurance scheme
1 month ago

EPFO panel to discuss higher pension, new interest rate, changes in insurance scheme

The Hindu  

A meeting of the Central Board of Trustees of the Employees’ Provident Fund Organisation, scheduled here on Friday, will discuss the interest rate to be recommended for PF deposits for the coming financial year and review the implementation of the Supreme Court order on higher PF pension. Another major issue before the CBT is the implementation of the Supreme Court’s …

About 22,000 EPFO members got higher pension, 1.65 lakh asked to contribute additional amount
1 month, 3 weeks ago

About 22,000 EPFO members got higher pension, 1.65 lakh asked to contribute additional amount

Live Mint  

New Delhi, Feb 3 Retirement fund body EPFO has issued 21,885 pension payment orders and asked 1.65 lakh eligible members to deposit additional amount for higher pension, Parliament was informed on Monday. A total of 17,48,768 applications were submitted by members/pensioners for getting higher pension on making higher contribution under Employees' Pension Scheme 1995 run by Employees' Provident Fund Organisation, …

EPF Pension | Kerala HC Restrains EPFO From Reducing Higher Pension Of Petitioners Who Contributed Based On Their Actual Salary
1 month, 4 weeks ago

EPF Pension | Kerala HC Restrains EPFO From Reducing Higher Pension Of Petitioners Who Contributed Based On Their Actual Salary

Live Law  

The Kerala High Court by an interim order directed the Employees Provident Fund Organisation to not reduce the higher pension drawn by certain persons who retired from Travancore Titanium. The Employee Provident Fund Organisation had sent a letter to these employees saying that their pension has been revised as per the pro-rata method of calculation introduced through the 2014 amendment, …

EPFO begins centralised PF pension disbursal
2 months, 3 weeks ago

EPFO begins centralised PF pension disbursal

The Hindu  

The Employees’ Provident Fund Organisation has completed full-scale implementation of the new Centralised Pension Payments System to provide PF pensions under the Employees’ Pension Scheme. Pension worth ₹1,570 crore, for the month of December 2024, was disbursed to more than 68 lakh pensioners in 122 pension disbursing regional offices, the Union Labour Ministry said in a release on Friday. Paradigm …

EPFO fined ₹1.5 lakh for not revising pension amount
3 months 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 …

How to get higher pension if your employer hasn't approved or processed your application
3 months ago

How to get higher pension if your employer hasn't approved or processed your application

Hindustan Times  

A historic Supreme Court judgement allowed many Employee Pension Scheme members to apply for a higher pension, but not all were successful in getting it. On top of this, the Employees Provident Fund Organisation also had given the last chance to employers to upload employee wage details by January 31, 2025 This was because the joint option application either got …

Higher Pension: Employers must submit wage details by January 2025 to get benefits
3 months, 1 week ago

Higher Pension: Employers must submit wage details by January 2025 to get benefits

Live Mint  

The Employees' Provident Fund Organisation provides an online facility for submitting wage details by employers for pensions on higher wages. “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,” EPFO said in a statement. Additionally, the EPFO has also asked employers …

EPFO Extends Deadline For Employers To Process Pending Higher Pension Applications; Check Details Here
3 months, 1 week ago

EPFO Extends Deadline For Employers To Process Pending Higher Pension Applications; Check Details Here

ABP News  

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 …

EPFO: Have you not filed wage details yet? Retirement fund body extends date for last time | Check here
3 months, 1 week ago

EPFO: Have you not filed wage details yet? Retirement fund body extends date for last time | Check here

India TV News  

Employees' Provident Fund Organisation - a retirement fund body - extended time till January 31, 2025 for employers to upload wage details etc. Accordingly, the last date for submission of applications was extended to July 11, 2023 and a total of 17.49 lakh applications were received from pensioners/members till July 11, 2023. In view of representations received from Employers and …

EPFO extends deadline for employers to upload pending pension applications
3 months, 1 week ago

EPFO extends deadline for employers to upload pending pension applications

India TV News  

EPFO pension: The Employees’ Provident Fund Organisation has extended the deadline till January 31, 2025, for employers to upload wage details, etc regarding 3.1 lakh pending applications for pension on higher wages. Final opportunity till January 31, 2025 In spite of so many extensions, it has been observed that more than 3.1 lakh applications for validation of options / joint …

EPFO high pension: Why have 1.7 million applied for higher EPS contribution?
3 months, 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 …

EPFO key amendments: Now faster claims and more interest benefits for members
3 months, 2 weeks ago

EPFO key amendments: Now faster claims and more interest benefits for members

India Today  

The Employees Provident Fund Organisation has introduced major changes to provide financial relief and faster claim settlement for Employees Provident Fund members. KEY UPDATE ON INTEREST PAYMENTS EPFO announced that the Central Board of Trustees has approved an important amendment to paragraph 60 of the EPF Scheme, 1952. BENEFITS FOR EPF MEMBERS Speaking to The Economic Times, Puneet Gupta, Tax …

New pension platform to ease payouts: Minister
4 months, 2 weeks ago

New pension platform to ease payouts: Minister

Hindustan Times  

The labour ministry will switch to a centralised pension-payment system from 2025, allowing retirees to receive monthly payouts from any bank or its branches in any location throughout the country, for which a large-scale test run was recently carried out. Mansukh Mandaviya The new platform for subscribers of the Employees’ Provident Fund Organisation, the state-run retirement fund manager, is aimed …

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs
6 months, 1 week ago

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs

News 18  

The Employees’ Provident Fund Organisation has raised the one-time withdrawal limit for provident fund accounts to Rs 1 lakh, doubling the previous limit of Rs 50,000. The EPFO manages the provident fund, pension, and insurance schemes for the organised sector employees in India, primarily through the Employees’ Provident Fund scheme. Mandaviya also announced another key update: the government has relaxed …

What are the issues faced by EPFO pensioners?
6 months, 2 weeks ago

What are the issues faced by EPFO pensioners?

The Hindu  

The story so far: Nearly 78 lakh Provident Fund pensioners across the country under the Employees’ Pension Scheme, 1995 of the Employees’ Provident Fund Organisation will receive their pension through any bank, any branch from January 1, 2025. The Union Labour Ministry cleared the proposal earlier this month for a Centralised Pension Payment System as part of the EPFO’s ongoing …

'Unconstitutional': Karnataka High Court Strikes Down Amendment Extending EPF Scheme To 'International Workers' Without Salary Ceiling Limit
10 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 …

EPFO: Employers can upload wage details online for higher pension until May 31
1 year, 2 months ago

EPFO: Employers can upload wage details online for higher pension until May 31

Live Mint  

The Employees' Provident Fund Organisation on Wednesday said it has extended the last date for employers to upload wage details for higher pension by five months. The extension of time for the employers to upload the wage details online is till May 31, 2024, said the Ministry of Labour and Employment in a statement. Earlier, the deadline to upload wage …

Higher PF pension | Employers get five more months to process applications
1 year, 2 months 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 …

The woes of pensioners and PF members
1 year, 2 months ago

The woes of pensioners and PF members

The Hindu  

The Employees’ Provident Fund Organisation ’s recent clarification on the implementation of the 2022 Supreme Court verdict on higher Provident Fund pension seems to have added to the woes of pensioners and PF members. Issues in pension computation In the most contentious matter of pension computation, the clarification, which states that pension will be calculated as per paragraph 12 of …

EPFO FAQs: One year after Supreme Court verdict, EPFO releases FAQs for implementing higher pension
1 year, 3 months ago

EPFO FAQs: One year after Supreme Court verdict, EPFO releases FAQs for implementing higher pension

The Hindu  

The Employees Provident Fund Organisation, more than a year after the Supreme Court’s verdict on higher Provident Fund pension, has sent to all its units a set of frequently asked questions on implementing the verdict. Trade unions and employers’ representatives have been seeking clarity from the EPFO on the matter, especially on accessing the records of an employee while validating …

Higher PF pension | Employers get three more months to validate joint options
1 year, 5 months ago

Higher PF pension | Employers get three more months to validate joint options

The Hindu  

The Employees Pension Fund Organisation on September 29 has extended the time for employers to upload and validate the joint options and wage details of employees for higher provident fund pension. To implement the Supreme Court order of November 4, 2022 on the matter of higher PF pension, the EPFO had launched a window in the members’ portal to submit …

Pre-2014 retirees may move court against validity of EPFO circulars
1 year, 6 months ago

Pre-2014 retirees may move court against validity of EPFO circulars

The Hindu  

Despite suffering a setback in the Supreme Court last month, a section of pre-2014 retirees covered under the Employees’ Pension Scheme 1995 of the Employees’ Provident Fund Organisation is exploring the possibility of challenging legally the validity of EPFO’s circulars issued in December 2022 and January 2023. Indicating this, Dada Tukaram Zode, national legal adviser, Employees Pension Co-ordination Committee, points …

Keep it simple: The Hindu Editorial on opting for higher pension
1 year, 9 months ago

Keep it simple: The Hindu Editorial on opting for higher pension

The Hindu  

The move by the Employees’ Provident Fund Organisation to extend the deadline, for a third time, for employees and pensioners to exercise the joint option for higher pension is of limited relief, as several issues remain unresolved. As the entire process is an outcome of the Supreme Court judgment of November 2022 on the validity of amendments made in 2014 …

EPFO extends deadline to apply for higher pension till July 11
1 year, 9 months ago

EPFO extends deadline to apply for higher pension till July 11

The Hindu  

The Employees’ Provident Fund Organisation has extended the deadline for members and pensioners to apply for higher Provident Fund pension till July 11 The deadline was to expire on June 26. The EPFO said it would be the “last opportunity” for employees to submit the joint options to get pension on higher wages. Over 16 lakh applications received The EPFO …

Higher EPF Scheme | Extend deadline, simplify application process, employers tell EPFO
1 year, 9 months ago

Higher EPF Scheme | Extend deadline, simplify application process, employers tell EPFO

The Hindu  

Higher EPF Scheme As the June 26 deadline to submit joint options to claim higher provident fund pensions nears, several employers and their representatives are learnt to have approached the Employees Provident Fund Organisation, seeking an extension, as well as a simplified process. Considering this, I am sure the EPFO will extend the date of joint submission,” he said, adding …

EPF Pension: Delhi High Court Restrains EPFO From Taking Coercive Steps On Basis Of Recovery Notices For Higher Pension
1 year, 9 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, 9 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 …

Higher pension: EPFO directs offices to calculate dues with interest
1 year, 10 months ago

Higher pension: EPFO directs offices to calculate dues with interest

The Hindu  

The Employees’ Provident Fund Organisation has issued an internal circular directing its regional offices on the method to calculate the dues of subscribers who apply for higher PF pension. According to the circular, 8.33% of employer share on higher pay from November 16, 1995 or from the date the pay exceeds the wage ceiling of ₹6,500 and 1.16% of employer …

How to get a higher pension in current EPFO ruling explained
1 year, 10 months ago

How to get a higher pension in current EPFO ruling explained

Live Mint  

The Employees' Provident Fund Organisation has come up with a procedure for a contribution towards higher EPS pension. According to the labour ministry, the additional contribution of 1.16 per cent of basic wages for subscribers opting for higher pensions will be managed from employers' contributions. Employees Pension Scheme calculation At present, the government pays 1.16 per cent of basic wages …

Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP
1 year, 10 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, 10 months ago

EPFO extends deadline to apply for higher pension till June 26

Hindustan Times  

Employees' Provident Fund Organisation on Tuesday extended the date for filing applications to opt for a higher pension till June 26, 2023. Here's how to check your PF balance According to the statement by the ministry of Labour and Employment, the timeline for filing applications has been extended in order to provide a larger window of opportunity and in order …

EPFO extends deadline to apply for higher pension till June 26
1 year, 10 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 …

Government extends date to opt for higher EPF pension to June 26
1 year, 10 months ago

Government extends date to opt for higher EPF pension to June 26

The Hindu  

The Centre has extended the time to submit joint options to claim higher provident fund pension till June 26. They said such a requirement, while submitting the joint options for higher pension, is designed to discourage and disqualify applications for higher pensions. They added that the calculation of the actual quantum of money to be recovered from the provident fund …

Higher pension from EPF: Will EPFO extend the deadline?
1 year, 10 months ago

Higher pension from EPF: Will EPFO extend the deadline?

Live Mint  

With less than 2 days left for individuals to apply for higher pensions under the Employees' Pension Scheme, the question is: Will EPFO extend the deadline? The EPFO issued a circular on 23 April in which it stated that applications and joint options for higher pension will be examined by the field office. Now, on demand of the employees’/employers’ associations …

Higher pension | EPFO to wait for number of applicants before releasing calculation process
1 year, 11 months ago

Higher pension | EPFO to wait for number of applicants before releasing calculation process

The Hindu  

Even as the last date to file joint options to claim higher Provident Fund pension ends on May 3, the Centre has decided to wait for the total number of applicants before releasing the procedures to calculate the pension and the share of employees. The amendments to the Employees’ Pension Scheme of 1995 to decide the future of the Centre’s …

As EPFO higher pension scheme deadline arrives, check eligibility, interest rate and other details
1 year, 11 months ago

As EPFO higher pension scheme deadline arrives, check eligibility, interest rate and other details

Hindustan Times  

The Employees’ Provident Fund Organisation has set May 3 as the last date to submit an application for higher pension under the Employees' Pension Scheme. Employees who became members before 1 September 2014 and continue to be one can apply for higher pension. Documents to submit Employees should share an agreement to allow the transfer of funds from the provident …

Higher pension from EPFO: Deadline, Eligibility, interest rate and other details
1 year, 11 months ago

Higher pension from EPFO: Deadline, Eligibility, interest rate and other details

Live Mint  

With just less than a week left for individuals to apply for higher pensions under the Employees' Pension Scheme, the Employees’ Provident Fund Organisation has issued new details for scrutiny of information and wage details submitted by the employee and employer for higher pension. Confusion over EPFO note on higher pension As per Amit Gupta, MD, SAG Infotech, EPFO in …

Regional PF officers given one month to examine joint options for higher pension
1 year, 11 months ago

Regional PF officers given one month to examine joint options for higher pension

The Hindu  

The Employees’ Provident Fund Organisation has released yet another circular on implementing the Supreme Court order on higher PF pension. Regional Provident Fund officers were given one month’s time to examine the joint options for higher pension submitted by employees and employers. The circular released by Regional PF Commissioner Aprajita Jaggi on April 22 said the applications and joint options …

EPFO addresses concerns over higher pension under EPS in its official circular
1 year, 11 months ago

EPFO addresses concerns over higher pension under EPS in its official circular

Firstpost  

The Employees’ Provident Fund Organisation has released a circular addressing concerns raised by employees and pensioners when applying for higher pension under the Employees’ Pension Scheme. The EPFO extended the deadline for submitting the joint application form for higher pension from the Employees’ Pension Scheme to 3 May, which was originally set for 3 March, 2023. The notification provides clarification …

From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms
1 year, 11 months ago

From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms

News 18  

The Employees’ Provident Fund Organisation is a statutory body that manages the Employees’ Provident Fund and other schemes related to the welfare of an employee. We have listed down a few types of EPFO forms that employees must have information about: –Form 19: This form is used to withdraw the EPF balance after leaving the job. The employer is required …

Minister clears the air over clause restricting persons opting for higher PF pension
1 year, 11 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
2 years 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 …

’Significant drop’ achieved in EPF’s actuarial deficit, Centre informs Rajya Sabha
2 years ago

’Significant drop’ achieved in EPF’s actuarial deficit, Centre informs Rajya Sabha

The Hindu  

A “significant drop” has been achieved in the actuarial deficit of the Employees’ Pension Fund, according to the Central government. This has become possible thanks to improvement in the quality of data in respect of members of the Employees’ Pension Scheme, 1995 and amendments carried out based on recommendations of the actuarial valuation report, and suggestions of the Union Finance …

Kerala High Court issues notice to Centre, PF Commissioner on plea against proof for higher contribution
2 years ago

Kerala High Court issues notice to Centre, PF Commissioner on plea against proof for higher contribution

The Hindu  

The Kerala High Court has issued a notice to the Union government and the Regional Provident Fund Commissioner on a writ petition challenging the requirement to furnish proof of having paid higher provident fund contribution under para 26 of the Employees Provident Fund Scheme by the employees for getting higher pension. In a writ petition, Sasheer S. and other 19 …

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

Calcutta High Court Issues Direction On Pension Scheme Further To Supreme Court’s Guidelines In EPF Pension Case
2 years ago

Calcutta High Court Issues Direction On Pension Scheme Further To Supreme Court’s Guidelines In EPF Pension Case

Live Law  

The Calcutta High Court has directed that writ petitioners, who were in service as on 01.09.2014 and were also members of the Employees’ Pension Scheme 1995 shall be entitled to exercise option which shall cover the pre-amended paragraph 11 as also paragraph 11 of EPS 1995. The single bench of Justice Raja Basu Chowdhury directed Indian Oil Corporation Limited to …

EPF Board meet pushed to March 27-28
2 years ago

EPF Board meet pushed to March 27-28

The Hindu  

The government on Monday announced the deferral of a meeting of the Employees’ Provident Fund Organisation board, where it is expected to finalise the EPF rate to be paid on crores of formal sector workers’ retirement savings in its custody for 2022-23. Chaired by Union Labour and Employment Minister Bhupender Yadav, the board of trustees of the EPFO was earlier …

Confusion in opting for higher pension using EPFO link: CITU
2 years 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 …

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