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Articles for Eps, search results for employer

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, …

Salary Pension Service Share Month Contribution Singh
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 …

Pension Higher Epfo Joint Eps Option 20 Days
EPFO addresses concerns over higher pension under EPS in its official circular
1 year, 7 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 …

Information Pension Employees Application Form Epfo Joint
From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms
1 year, 8 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 …

Balance Employees Fund Submit Form Epfo Employer
Is the higher pension scheme worth it? All you need to know
1 year, 9 months ago

Is the higher pension scheme worth it? All you need to know

India Today  

The Employees Provident Fund Organisation has announced a new set of guidelines for employees who want to increase their pension. EPF HIGHER PENSION: NEW GUIDELINES A disclaimer should be included in the joint option/higher pension claim application. EPF HIGHER PENSION: DOCUMENTS REQUIRED The following papers should be supplied with the higher pension claim application: Evidence of a joint option is …

Pension Contribution Employee Higher Epfo Joint Eps
Latest EPFO circular raises further concerns
1 year, 10 months ago

Latest EPFO circular raises further concerns

The Hindu  

The Employees’ Provident Fund Organisation’s February 20, 2023 circular, laying down the broad contours of eligibility for those members of the Employees’ Pension Scheme who were in service as on September 1, 2014 for seeking higher pension, has raised further concerns from activists. Namazi, former Chief Law Officer of the Karnataka State Road Transport Corporation and now the general secretary …

Epfo Eps
EPFO issues guidelines for employees, pensioners to opt for higher pension
1 year, 10 months ago

EPFO issues guidelines for employees, pensioners to opt for higher pension

The Hindu  

After days of discussions, the Employees’ Provident Fund Organisation has issued a circular on Monday to its regional offices with a set of instructions to implement the November 4 judgment of the Supreme Court on higher provident fund pension. Employees can submit the joint option with the employers using the members’ section of the EPFO website, which will be made …

Pension Employees Pensioners Fund Higher Opt Joint
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 …

Court Pension Social Security Pensioners Higher Epfo Eps
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 …

India Salary Supreme Court Court Pension Employees Month
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 …

Court Pension Employees Order Fund Members Scheme
EPF News: Contribute to EPF Every Month? Know PF, Insurance, Pension Calculation
3 years, 2 months ago

EPF News: Contribute to EPF Every Month? Know PF, Insurance, Pension Calculation

News 18  

A salaried employee has their passive savings going into the provident fund. Generally, 12 per cent of the employees’s basic salary is credited into the PF account every month. Another column reflecting contribution towards employees pension scheme is One portion of the employee’s overall retirement sum is EPF, while the other part is EPS. Every month, Rs 1250 of the …

Pension Month Employee Epfo Ten Years Eps Epf
EPF withdrawal upon premature death of a family member: All you need to know
3 years, 7 months ago

EPF withdrawal upon premature death of a family member: All you need to know

India Today  

The Employee Provident Fund is a retirement benefits scheme in which employees of an organization contribute a small proportion of their basic salary. Steps to withdraw EPF In case of the unfortunate death of a member, the family gets insurance of up to 7 lakhs under the EDLI scheme and monthly widow/child/orphan pension under the EPS scheme. The family, minor …

Family Death Form Scheme Claim Member Eps