As per the new update by the Employees Provident Fund Organization, eligible pensioners could receive higher pension with 8.15% interest rate.
– The pensioners whose salaries as employees above the standard salary ceiling of Rs. 5,000 or Rs. 6,500 – Exercised joint option under the Employees’ Pension Scheme (EPS) of the pre-amendment scheme while being members of EPS-95 – Their exercise of such an option was declined by the EPFO.
#1 Submit requests online on the website or at the concerned regional office #2 Requests should be made in a manner specified by the commissione r #3 The disclaimer should be included in the application form for validation, as per the government announcement mentioned earlier.
#4 The pensioner must give his/her consent in the form for any sort of readjustment as mentioned in the instructions. #5 If funds are being moved from the exempt provident fund to the pension fund, the trustee must provide an undertaking following the guidelines.
– Proof of the joint option described in paragraph 26(6) of the EPF plan – Proof of joint option in accordance with the proviso to the former Paragraph 11(3)
– Proof of deposits into provident fund accounts for higher pay than Rs. 5,000 or Rs. 6,500 – Proof of pension fund payments made on higher earnings above Rs. 5,000 or Rs. 6,500, – Written refusal of APFC (Assistant Public Provident Fund Commissioner) or any
According to the Supreme Court's guidelines, March 23, 2023, is the last day to apply for a higher pension.
To apply, tap now!
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