These employees get more pension, Epfo-issued Circular, know how to apply
Business News Desk – Organization for Provident Fund (EPFO) issued a circular regarding high pension for qualifying employees. The EPFO on Thursday ordered its local offices to implement it. The EPFO issued this circular on December 29 to follow the Supreme Court provisions. In this circular, which employees will get more pension and how to apply online for this, this has been notified. The circular mentions that only these employees are eligible, which contributed a high salary among the Employee President Fund (EPF) scheme and chose for higher pension before retirement, but that they are not taken by EPFO. It was clearly rejected. The Employee Provision Organization (EPFO) said that the members who contributed to pension at a salary of Rs 5000 or 6 thousand 500 rupees and are selected for more pension will receive this benefit. According to the circular, employees will not be eligible under the high pension scheme to the order of the November 4, 2022 High Court. At the same time, before September 1, 2014, the employees who retired without taking an option were also dropped off his membership. According to the 2014 amendment, only employees who use the option get this benefit. If you are eligible to get more pension, you can go to the local office and apply pension. You will also need to take a fully filled application form and related documents with you. The application will have to be made according to the method specified by the Commissioner. Then verification must be done. The application can also be canceled if any error is found under the order. Pension applicants can obtain permission in case of adjustment. If money is sent to EPFO of the Provident Fund Trust in a case, the trustee will have to inform the trustee. Payments, including interest, will be deposited over a few days. Document for higher pension under section 26 (6) of the EPF scheme, proof of option under section 11 (3) Certified by the employer’s proof of deposit voucher of Rs 5,000 or Rs 6,500, a proof of deposit in pension fund at a salary limit of Rs 6,500 or someone else’s written evidence of APFC or someone else shares this story