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EPFO HIGHER PENSION
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...- Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...
- EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
- NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
- Minimum EPS-95 pension increased to Rs 7,500? EPFO says thisA letter circulating on social media falsely claims the minimum Employees Pension Scheme 95 pension has increased to Rs 7,500 monthly. The ...
- Hike in minimum EPS pension of Rs 1,000 under consideration by EPFO: Know who will benefit and how?EPFO members' long wait for a higher minimum monthly pension under EPS-95 may soon end. The Ministry of Labour and Employment is reportedly...
- 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...
- Gig workers social security scheme may have multiple fund managersThe labour ministry of India is charting a new course by investigating a multi-manager framework for its latest social security initiative ...
- EPFO 3.0 withdrawal rules explained: When can EPF members withdraw their PF corpus through UPI?EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rules consolidate withdrawal provisio...
- Laid off or lost your job? Use 75% EPF amount while rest 25% compounds @8.25% - Check EPFO withdrawal rules in case of unemploymentWhile members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there ...
- Higher EPS pension for EPF members allowed by Punjab & Haryana High Court for pre-2014 retired employees with these three conditionsThe Punjab & Haryana High Court has ruled that certain employees who retired before September 1, 2014, may still be eligible for higher pen...
- EPFO Pension Scheme: Govt confirms higher pension to 22,000 members. Here’s how to check yoursEPFO has issued 21,885 pension payment orders and asked 1.65 lakh members to deposit additional amount for higher pension under the Employe...
- EPFO extends deadline to opt for higher EPS pension; last opportunity to applyThe Employees Provident Fund Organisation (EPFO) has extended the deadline for the third time to apply for higher EPS from June 26, 2023 pr...
- Higher EPS pension: Deadline to apply extended by 15 daysThe current deadline to apply for higher pension under the Employees’ Pension Scheme ended on June 26, 2023. Prior to this, it was extended...
- Higher EPS pension FAQ released: Rules, pension calculation formula, documents — EPFO answers your queriesThe FAQs on higher EPS pension cover a wide range of topics, including how to calculate pensions, what documentation EPFO members must send...
- Kerala HC's EPFO order a relief, but EPF subscribers' worries remainEPFO had also promised to issue a detailed explainer, which is awaited. The extended deadline for opting for higher pension is May 3
- EPFO circular on higher pension under EPS; read the full guidelines hereEPFO issued a circular on February 20, 2023, with guidelines on how eligible employees who missed out on opting for a higher pension under ...
- Higher pension: 8,897 beneficiaries have applied online, says EPFOFurther, it has received 91,258 online applications from retired EPS members (prior to September 1, 2014 and whose options were not conside...
- 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...
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