EPFO Pension Update: Good news for employees-pensioners, will get the benefit of higher pension, apply before March, this is the rule

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EPFO Pension Update: There is good news for government employees and pensioners. After the order of the Supreme Court, now the employees of Employees Provident Fund Organization (EPFO) will get the benefit of higher pension. Under this, the employees who retired before September 2014 can apply till March 2023 to get pension.

In fact, after the order of the Supreme Court, the Employees’ Provident Fund Organization (EPFO) issued a circular on December 2022, in which, following an order of the Supreme Court, it was decided to give higher pension to some pensioners. it was done. Under this, a provision has been introduced in its member portal for retired employees to apply for higher pension.

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Those after 2014 will get benefit

According to media reports, EPFO has told in this circular that pensioners who have retired till August 31, 2014 will not be given this benefit, while those who joined EPS on or after September 1, 2014 will be given the option of getting more pension. Under the same new guideline, whatever employees are eligible to get more pension and how can they apply online to get the benefit of it.

Time till March 3

As per media reports, the application form for the employees whose applications were rejected earlier is available through the portal link. Those who have retired before 1st September 2014 can apply for pension. They have time till March 3, 2023 to submit the application. An option in the Portal states that an online facility for filing applications is available on the Unified Portal Member Interface. Employees can click on the option and submit their applications.

These will be the rules

  • Pensioners who have retired till August 31, 2014 will not be given this benefit.
    Those who joined EPS on or after 1st September 2014 will be given the option to get higher pension.
  • Employees who have contributed higher salary under Employees Provident Fund (EPF) scheme at the time of their job and opted for higher pension option before retirement will be given this benefit.
  • Under this, only those employees who contributed to EPS to get pension on more than Rs 5000 or Rs 6500 salary limit will be considered eligible.
  • EPFO said that this is also applicable for such employees who had opted for higher pension while being members of EPS 95, but one of their applications was rejected by EPFO.
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