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Articles for Pensionable Salary

The woes of pensioners and PF members
11 months, 3 weeks 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 …

Supreme Court Court Pension Higher Epfo Getting Eps
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 …

Salary Exercise Supreme Court Court Pension Classification Employees
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 …

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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 …

Salary Court Pension Employees Scheme Months Epfo
Pensionable salary | EPFO appeal goes to larger Supreme Court Bench
3 years, 4 months ago

Pensionable salary | EPFO appeal goes to larger Supreme Court Bench

The Hindu  

A Division Bench of the Supreme Court on Tuesday referred to a larger Bench an appeal filed by the Employees Provident Fund Organisation challenging a decision of the Kerala High Court, which set aside amendments to “determination of pensionable salary” under the Employees Pension Scheme of 1995 as “ultra vires”. But the amendments said only employees, who were existing EPS …

Salary Supreme Court Appeal Court Pension Employees Scheme
EPF Pension Case : What Is RC Gupta Case Verdict? Why EPFO Wants It Reconsidered?
3 years, 4 months ago

EPF Pension Case : What Is RC Gupta Case Verdict? Why EPFO Wants It Reconsidered?

Live Law  

The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 was constituted for welfare of employees by way of the institution of provident funds, pension funds and deposit-linked insurance fund for employees in factories and other establishments.Time and again amendments have been made to these funds by the Government by way of new schemes, amendments to existing ones, and issuance. According …

Salary Court Pension Employees Verdict Case Fund