EPFO News: Apply quickly to get more pension, EPFO has started the application process
[ad_1]
New Delhi : Very important information for lakhs of employees of India. Employees’ Provident Fund Organization (EPFO) has started the application process for those employees who want to get more pension under the Employees’ Pension Scheme. EPFO, the body managing the retirement fund, told that members and their employers will be able to apply jointly for this.
Explain that in November 2022, the Supreme Court had upheld the Employees Pension (Amendment) Scheme, 2014. Earlier, the EPS revision of August 22, 2014 increased the pensionable salary limit from Rs.6,500 per month to Rs.15,000 per month. Along with this, members and their employers were allowed to contribute 8.33 per cent of their actual salary to the EPS.
how to apply
EPFO in an office order has given details about handling of ‘Joint Option Form’ by its field offices. EPFO said that ‘a facility will be given, for which the URL (Unique Resource Location) will be told soon. After getting this, the Regional PF Commissioner will give information through notice boards and banners for wide public information. According to the order, every application will be registered, digitally logged and a receipt number will be given to the applicant.
Regional officer will investigate
The EPFO order states that the officer-in-charge of the concerned regional provident fund office will examine each case of joint option on higher pay. After this the applicant will be informed about the decision through e-mail/post and later through SMS. It has been said in the order that these instructions are being issued in compliance with the order of the Supreme Court dated November 4, 2022.
[ad_2]
Source link
