The Employees Provident Fund Organization (EPFO) has issued new details to scrutinize information and wage details submitted by employees and employers for higher pensions.
The Employees Provident Fund Organization (EPFO) has issued new details to scrutinize information and wage details submitted by employees and employers for higher pensions.
EPFO issued a circular on April 23, in which it said that applications for higher pensions and joint options would be reviewed by field offices. If the requirements are met, the wage details submitted by the employer will be verified with the data available at the local office.
EPFO issued a circular on April 23, in which it said that applications for higher pensions and joint options would be reviewed by field offices. If the requirements are met, the wage details submitted by the employer will be verified with the data available at the local office.
The EPFO circular also offered higher pension options to participants whose actual wages were higher than their actual wages. ¥5,000 or ¥Before EPS-95 was amended in 2014, 6,500 people per month exceeded the pensionable salary threshold, exercised the option for a higher pension, or had their request for a higher pension denied by EPFO authorities. it was done.
The EPFO circular also offered higher pension options to participants whose actual wages were higher than their actual wages. ¥5,000 or ¥Before EPS-95 was amended in 2014, 6,500 people per month exceeded the pensionable salary threshold, exercised the option for a higher pension, or had their request for a higher pension denied by EPFO authorities. it was done.
Eligible subscribers must apply for enhanced benefits jointly with their employer in an application form prescribed by the Commissioner and all other required documents such as a joint declaration.
Eligible subscribers must apply for enhanced benefits jointly with their employer in an application form prescribed by the Commissioner and all other required documents such as a joint declaration.
“If the FO details and employer details match, the membership fee will be calculated and the APFC/RPFC-II/RPFC-I will pass the membership fee deposit/remittance order. If there is a discrepancy, APFC/RPFC Employers and employees/pensioners will be notified of the same by -II.They will be given one month to complete the information,” EPFO said in a circular.
“If the FO details and employer details match, the membership fee will be calculated and the APFC/RPFC-II/RPFC-I will pass the membership fee deposit/remittance order. If there is a discrepancy, APFC/RPFC Employers and employees/pensioners will be notified of the same by -II.They will be given one month to complete the information,” EPFO said in a circular.
If your application for a higher pension and joint option is not approved by your employer:
“If the submitted application/joint option is not approved by the employer, the employer will be given an opportunity to provide additional evidence or evidence or to correct any mistakes/errors before rejection (employee Such opportunities will be for a period of one month, subject to notification to the employee/pensioner, the circular said.
If your application for a higher pension and joint option is not approved by your employer:
“If the submitted application/joint option is not approved by the employer, the employer will be given an opportunity to provide additional evidence or evidence or to correct any mistakes/errors before rejection (employee Such opportunities will be for a period of one month, subject to notification to the employee/pensioner, the circular said.
If the information submitted turns out to be incomplete or incorrect
EPFO said in a circular: to the employee/pensioner within one month. If complete information is received, the case shall be further processed as in 3 above. However, if complete information is not received within one month , the order will be carried over to Merit by APFC/APFC. RPFC-II/RPFC-1.”
If the information submitted turns out to be incomplete or incorrect
EPFO said in a circular: to the employee/pensioner within one month. If complete information is received, the case shall be further processed as in 3 above. However, if complete information is not received within one month , the order will be carried over to Merit by APFC/APFC. RPFC-II/RPFC-1.”
Handling complaints:
Complaints by applicants can be registered with EPFIGMS after submitting the application and paying the required dues, if any. Registration of such complaints shall be under a specific category of higher pension with reference to the Supreme Court decision dated 11 April 2022. All such complaints shall be dealt with and disposed of at the level of the designated officer. Complaints are monitored by regional and zone office officers.
Handling complaints:
Complaints by applicants can be registered with EPFIGMS after submitting the application and paying the required dues, if any. Registration of such complaints shall be under a specific category of higher pension with reference to the Supreme Court decision dated 11 April 2022. All such complaints shall be dealt with and disposed of at the level of the designated officer. Complaints are monitored by regional and zone office officers.