EPFO issued guidelines for getting more pension

New Delhi: The Employees’ Provident Fund Organization has decided to implement the Supreme Court’s November order on higher pension and laid down the eligibility criteria and procedure for availing the benefits.

The order states that employees who were members of the EPS as on September 1, 2014, will get a chance to contribute up to 8.33% of their actual salary towards pension instead of 8.33% of the pensionable salary of Rs 15,000 per month. ,

Complying with the court order, the EPFO has now opened a new window for pensioners as well as those earning above the earlier wage limit of Rs 5,000 or Rs 6,500. Eligible individuals are now required to visit the regional EPFO office with their documents to submit their application.

For this, the circular of EPFO states that in which form and manner the request is to be made, the Commissioner will specify. It added that the disclaimer should be mentioned in the application form, as directed in the government notification, and pensioners should give their consent for any adjustment from provident fund (PF) to pension fund, or if any Yes, it should be re-deposited in the fund.