EPFO has now allowed subscribers to go beyond the pensionable salary capped at Rs 15,000 a month on which employers deduct a sum equal to 8.33% of the ‘actual basic salary’ towards pension under EPS, the deadline for which is ending on May 3, 2023 more
Provided you have opted for this enhanced pension and contributed or your appeal or request was denied at that point. In 1995 itself, employees were given chance to opt for enhanced pension by contributing his/her PF contribution. However, almost 99% plus of employees did not opt for it and the employers also never encouraged this. Main reason was that the employee population did not understand nor the employer made them understand. But after understanding the scheme, option was not given & time lapsed. However, in a similar scenario, bank employees were given option to go in for pension scheme by refunding their PF contribution received at the time of retirement to get pension. Will the government do it for private sector employees ? more
i have retired in 2014 and I am getting a princely sum of Rs.1450 towards monthly pension from EPFO. can the new rule of increased pension help me increase my pension amount? more
yes it needs to increased since still there are lot of clarity needed.govt/court takes years to give the ruling whereas want people to finalise it within a space of months It is hard on the people who have retired since they may not be in town and getting information is not easy more
Once the Government has announced EPF interest rates, what is reason for non reflection in members pass book? Such delays also cause financial loss to members who have to do a final withdrawal...
Dear Respectable Members, I am not sure what guidelines OR procedures to get higher pension from EPF/EPS. I am having only News paper information, that is 6th May 2023 as last date to su...
After recent retirement, I had applied for full PF-amount-release, which was subsequently shown as settled. On the EPF Portal, it shows as - "Your Claim [ Claim Id - xxx ] has been Settled. P...
Earlier I applied form 10D offline at RPFO cuddapah (AP) for pension claim on superannuation. There was no response for verification of scheme certificate for about 3yrs. Finally I could get verif...
On Monday, EPFO announced that all the eligible members of the provident fund body can now opt and apply jointly with their employers for higher pensions till May 3, 2023. Earlier, the deadline for...
MORE IMPORTANT IS RULE, APPLIED ON US FOR LATE PAYMENTS. EPFO ,LOOKS LIKE AN ADMINISTRATIVE INSTITUTION, NOT SERVICE SECTOR. THEY SHOULD PAY. WE SUFFER FOR LATE PAYMENT.THEY CARE FOR NONE.EVEN BAN...
When a payment for advance tax is made late, we have to pay a penal interest to the government. Here EPFO has delayed interest credit by 11 months. Shouldn't they be liable to...
Hi my friend has been working in a multinational company for the last 12 years in Gurgaon. His PF account was created by the company however when my friend checked the details, his surname was ment...
By Gloria Joseph
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