Benefit of pension on higher wages, if claimed
2) Those retired after 2014 will be getting more pension due to higher scales than earlier retired officials but arrears will be getting less or equal due to period of arrears is less ie from 2015 to 2019.
3) In the case of retired officials before 2004 or wage revision , or voluntary retired , it is not much beneficial to them and they have to calculate how much hike in their pension if claimed on higher wages .
4) Further in the case of dependent deceased people, they are getting 50% or 25 % of pension only. Therefore, it is not beneficial to all the dependent deceased people except those retied or deceased with high pay scales. They have to calculate hike of pension before remitting the amount to EPFO for pension on higher wages.
Durga Prasad
Ref above post-para 1
I retd from CPSU in 2008, contribution paid minimum,
So can I apply for pension on higher wages on payment of differential amount of contribution and interest.
Since employer contribution payment towards this case is doubtful, I shall pay this part also.
Can I request EPFO to consider this case,will this be a valid? more
I am still working and I sent application for EPFO:Bharuch to consider my contribution 8.33% at actual and not limited to limit of Rs.15000 per year however EPFO:Bharuch is not accepting my application and mentioning that it is not applicable to myself.I am member since 1995.Can you please guide what needs to be done on the subject for higher pension more