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EPFO PENSION GUIDELINES
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension lossIf you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer cla...
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
Found anomalies in your EPS remittances? EPFO explains how you can get refund for wrong contributionEmployers are making mistakes with Employees Pension Scheme contributions. Some members are wrongly included, while eligible ones are exclu...
Can EPS-95 family pensioners apply for higher pension?The Supreme Court has allowed certain employees to apply for higher pension from Employees' Pension Scheme (EPS). However, it may happen th...
Today is the last day to apply for higher EPS pensionThe deadline to apply for higher pension from Employees' Pension Scheme (EPS) is June 26, 2023 i.e., today. However, it may happen that you...
Should you apply for higher EPS pension despite no clarity on certain issues from EPFO?An eligible employee can apply for higher EPS pension till May 3, 2023. Though the deadline is few days away, but there are certain issues ...
How to check your EPS membership status to receive higher pensionMany employees may be wondering if they were members of Employees' Pension Scheme (EPS) on September 1, 2014 to apply for higher pension. I...
EPFO issues guidelines for higher pension from EPS: Know where, how to applyThe EPFO on February 20 released a circular providing guidelines how eligible employees can apply for higher pension under the Employees Pr...
EPFO extends deadline for these EPS members to apply for higher pension till May 3; opens online application linkThe Employees Provident Fund Organisation (EPFO) has activated the link for online application form for those EPS members who missed the ea...
EPFO says online facility to submit joint option form for higher EPS pension ‘coming soon’The EPFO circular issued on February 20, says that the EPF commissioner will specify the form and method for eligible employees to submit t...
KK Jalan explains what higher pension option means for EPFO subscribers" The present guidelines say if you have contributed at a higher rate, then you are eligible for a higher rate of pension. That is the only...
Can you claim higher pension from EPS if you were not contributing to EPF account in 2014?The Supreme Court has allowed employees to apply for higher pension under EPS if they were members on September 1, 2014. However, there may...
When is EPS pension credited into pensioner's bank account?The EPS ensures that private sector employees receive a pension once they reach the age of 58 years. The employee and employer each contrib...
Covid-19: EPFO urges its subscribers to avail various services online"In view of government of India guidelines to contain spreading of COVID-19, Employees’ Provident Fund Organization (EPFO) advises it membe...
EPFO prepares to accept more requests for pension hike after SC rulingFollowing the SC order, it is expected that more employees will approach EPFO to retrospectively enhance their contribution to get a hike i...
Will workers of exempted Cos get higher pension option? EPFO asks SC to decideEPFO issued an internal circular today stating that they have filed a transfer petition in the apex court to transfer all the writ petition...
Aadhaar mandatory for new EPFO subscribers from March 1New members joining the EPFO's retirement fund scheme will have to mandatorily furnish Aadhaar number as KYC (Know Your Customer) credentia...
- Reform pensions: Stock market and pension regulators converge in the NPS
The solution lies not in changing investment patterns but in the organisational structure of mandated savings.
- UTI AMC, LIC MF in race to manage pension scheme
UTI Asset Management and LIC Mutual Fund Asset Management are in the race for managing the country’s largest pension scheme. Tips to plan e...