New EPF Pension Scheme Update: Get Higher Pension!

 As per the new update by the Employees Provident Fund Organization, eligible pensioners could receive higher pension with 8.15% interest rate.

Good news, pensioners!

Who is Eligible?

– 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.

How to Apply?

#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.

Documents Required

– 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

Last date to apply

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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