Sunday, March 26th, 2023

Trending News: These employees will get more pension, EPFO ​​issued circular, know how to apply

Employees Provident Fund: Employees’ Provident Fund Organization (EPFO) has issued a circular regarding higher pension for eligible employees. On Thursday, EPFO ​​has directed its local offices to implement it. EPFO has issued this circular on December 29 to comply with the Supreme Court’s directive. In this circular, information has been given about which employees will get higher pension and how to apply for it online.

Who can get higher pension?

The circular states that only those employees are eligible, who have compulsorily contributed higher wages under the Employees’ Provident Fund (EPF) scheme and opted for higher pension before retirement. But his request was clearly rejected by EPFO.

Employees’ Provident Fund Organization (EPFO) said that the members who had contributed for pension on salary above the salary limit of Rs 5 thousand or Rs 6 thousand 500 and opted for higher pension would be given this benefit.

Who will not get higher pension from EPF

According to the circular, employees after the order of the Supreme Court dated November 4, 2022 will not be eligible under the Higher Pension Scheme. At the same time, the employees who retired before September 1, 2014, without exercising any option, have also been out of its membership. According to the amendment of 2014, only those employees who exercise the option will be given this benefit.

How to apply for higher pension?

If you are eligible to get higher pension then you can apply for pension by visiting the local office. You will also have to carry the completely filled application form and relevant documents along with you. The application form will have to be done according to the method specified by the commissioner. Then verification has to be done. If any mistake is found under the order, the application can also be canceled. In case of adjustment, the pension applicant can get consent.

If in any case money is sent from Provident Fund Trust to EPFO, then the trustee will have to inform about it. The payment along with interest will be deposited in a few days.

Documents for Higher Pension

  • Proof of option u/s 26(6) of EPF Scheme
  • Proof of option u/s 11(3) attested by the employer
  • proof of deposit
  • Proof of deposit in Pension Fund on salary exceeding the salary limit of Rs.5,000 or Rs.6,500
  • Proof in writing of refusal from APFC or any other

read this also
Pulses Price Hike: After roti, now pulses are also expensive! Arhar and urad dal prices increased by 10 percent in six months

Trending News: Year 2022 taught a lot, faced harassment of opponents – Abhishek Banerjee’s outburst

West Bengal: Senior Trinamool Congress (TMC) leader Abhishek Banerjee said in a statement on Saturday that he faced immense harassment at the hands of his opponents but public support gave him the strength to...

Trending News: The speed of humans is faster than robots, you will go crazy after seeing the perfection, watch Viral Video

Humans Doing Perfect Work Video: Some people are able to deal with it in a long time in order to make the work perfect, but there are some people who do the work fast...

Kids jumping rope or doing magic! Amazing co-ordination, you will be stunned to see the video …

Children Excercise Viral Video: Some countries are known for their strict discipline and difficult training. Sometimes this training also becomes inhuman, but countries like China and Japan have a culture that no compromise is...