Web22. feb 2024 · The EPFO’s new guidelines come two weeks before the end of the four-month deadline set up by the Supreme Court to enable eligible subscribers to opt for higher … Web14. mar 2024 · EPFO higher Pension: All employees are mandated to contribute 12% of their monthly basic wages and DA towards the EPF. Then, the employer is also required to make a similar contribution. EPF is a ...
EPFO Higher Pension Scheme: Guidelines, Form, Calculation, …
Web27. feb 2024 · The EPFO released a set of instructions to its zonal offices to allow a section of its older members to opt for higher pensions under the Employees' Pension Scheme (EPS). The URL on the EPFO unified members' portal activated recently shows clearly that the last date for availing the option of higher pension is May 3, 2024. (File image) Web24. feb 2024 · The employees and pensioners should give joint consent with the employer to the EPFO for adjustment from Provident Fund to Pension Fund and for any re-deposit to the fund. The last date for exercising the joint option is March 3, 2024, which is the deadline set by the Supreme Court. in a lawsuit the defendant’s case must
EPFO extends deadline to opt for higher pension to May 3
Web7. mar 2024 · You and your employer will contribute 12% each to the EPF account. Out of the employer's 12% contribution, 8.33% (up to a limit of Rs.15,000) will go to the EPS, while … Web23. feb 2024 · Now to get a higher pension at retirement you need to let go of around Rs 8.5 lakh (8,330-1,250*12*10) from your EPF account to adjust the differential over the period of 10 years of joining... Web5. nov 2024 · 3. The EPF members who have availed of the higher option but retired before September 1, 2014, will receive the benefits extended before the amendment. The employees of the companies included under the exempted category where trusts handle the PF amount instead of the EPFO will also get the benefit of the judgment. in a laundry