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HIGHER EPS 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 The court ruled that...- Withdrawn your entire EPF balance after a job switch?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...
- 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 ...
- From Rs 17 lakh education loan to Rs 50 lakh net worth in 4 years: Can you replicate this Reddit success story?A 29-year married Reddit user has shared his story of how, just four years into his job, he not only paid off his education loan but also c...
- 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...
- Will higher EPS pension dream collapse due to EPFO's new calculation rules?There have been reports that EPFO has adopted a new rule for calculating higher EPS pension for members who have retired on or after Septem...
- How to track higher EPS pension application status on Member Sewa portalA member who meets the eligibility criteria can visit the portal to apply, irrespective of whether the EPF account is held with the private...
- 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...
- 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...
- Higher EPS pension calculation: Know the extra amount you need to pay, returns you will get; should you go for it?EPFO has clarified many issues related to higher EPS pension computation especially for past missing contribution towards EPS on actual hig...
- Why EPFO needs to extend deadline to apply for higher EPS pension for third timeDeadline to apply for higher EPS pension: ET Wealth spoke to experts on whether there is a need to extend the last date to apply for higher...
- EPFO releases list of documents needed to apply for higher EPS pension, eases processHigher EPS pension: The latest circular is applicable for an eligible employee who does not have proof of joint request/undertaking/permiss...
- Higher EPS pension: EPFO sets 20 days deadline for field offices for validation of joint applicationThe EPFO claimed in its circular that this action was taken in response to observations made during regular revives that Demand Letters or ...
- Is higher EPS pension still as attractive? 9.49% of salary to go from employer's contribution into EPSFor an employee opting for higher pension - out of employer's contribution of 12% of monthly pay to the Employees Provident Fund (EPF), alm...
- Higher EPS pension: Labour ministry clarifies how it will compute pension on higher wagesThe spirit of the Employees’ Provident Fund & Miscellaneous Provisions Act as well as the Code on Social Security do not envisage contribut...
- Higher EPS pension: Is EPFO circumventing the SC order to apply for higher pension by putting impossible conditions for EPF members?There seems to be no end to the challenges faced by the employees, who were in service on or after September 1, 2014, to ensure higher pens...
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