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EPS AMENDMENT
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 ...- 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...
- EPS vs OPS: ECI resumes AIADMK symbol hearingAs the AIADMK aligns with the BJP for the 2026 Tamil Nadu polls, its internal leadership struggle resurfaces. The Election Commission of In...
- 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 ...
- 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 yet to provide clarity on 1.16% additional EPS contribution for higher EPS pensionThe Supreme Court has stuck down the portion of the EPFO's 2014 notification where an employee was required to make an additional contribut...
- Who is eligible and who is not eligible to apply for higher pension from EPS?The SC in its judgement dated November 4, 2022, has upheld the EPFO notification issued in 2014 and also provided certain employees to appl...
- Who is eligible for higher EPS pension under EPF scheme, last date to claim: Supreme Court clarifiesThe Supreme Court in its judgement dated November 4, 2022 has confirmed that Employees' Provident Fund Organisation (EPFO) notification in ...
- EPFO implements Supreme Court order, gives option for higher pension to eligible subscribersRetirement fund body EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with th...
- SC upholds validity of Employees Pension (Amendment) Scheme of 2014, quashes Rs 15,000 salary limitThe Supreme Court in its judgement said that eligible employees who could not join the scheme by the cut-off date should be given an additi...
- SC opens 4-month window for eligible employees under EPS to opt for increased pensionThe Employees' Provident Funds and Miscellaneous Provisions Act, 1952 originally did not provide for any pension scheme. In 1995, through a...
- Dual power structure not in force, OPS ceases to be coordinator, says AIADMKO Panneerselvam loyalist and Deputy Secretary R Vaithilingam, speaking to reporters in Thanjavur District on Friday, batted for unity and a...
- Dual power structure not in force, OPS ceases to be Coordinator: AIADMKLast year, by-laws were tweaked to retain and further strengthen the dual system of leadership, favouring OPS and EPS. After the by-laws we...
- Govt plans to amend EPF: Allow switch from EPS to NPS, protect PF dues in case of bankruptcyHere is a look at the three major changes proposed in the EPF Act as per the draft bill.
- SC ruling on higher pension from EPFO may pave way for you to become EPS memberGoing forward, the pension may be calculated on the basis of average salary of last 12 months.
- Can you also get a manifold hike in lifetime pension from EPFO? Find outCan all EPFO members get higher pension if they opt to raise their EPS contribution? Yes, all those who joined before Sept 1, 2014 can cont...
- SC ruling enables massive rise in private sector pensionsEvery employee in the organised sector contributes 12% of basic salary and dearness allowance to EPF. The employer makes a matching contrib...
- Don’t be in a rush to make EPF-NPS switch: ExpertsThe proposal to switch from EPF to NPS was announced in last year’s Budget. This year’s Budget has extended a one-time tax exemption to suc...
- EPF members could soon switch to NPS, but experts say don’tOnly this time the govt may be unfairly targeted because switching rules it has framed for EPF and NPS are quite flexible and subscriber-fr...
- EPFO meet to make Rs 1,000 monthly pension a realityGovt will provide an additional Rs 1,217 cr to ensure minimum pension of Rs 1,000 starting 2014-15. Pensioners will get benefit with effect...
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