I think the EPFO is taking initiatives to increase the quantum of pension to the pensioners. Accordingly I have sent a request to EPFO a month ago and no reply has been received so far. I was told by an official of EPFO that a minimum of 20 years' subscription/contribution is necessary for considering the increase. Is that right, as I have subscribed/contributed only for 17 years in total? Can anyone clarify whether I am eligible for the increase of pension? If I am eligible what is to be done further? more
Dear Dr. I have already mailed all documents except form 26& 3A, which I am not able to locate now. i will do it later.As regards pension calculation , pensionable salary is last 60 month's average salary. & then there are different calculation for years before 1995( before the pension scheme was introduced) .EPFO has an XL sheet to calculate that. EPF pension above Rs 3000 is very rare. more
Though SC has already passed order but EPFO is not implementing that. Some Employee Associations have already appealed in High Courts which are still pending. When Supreme Court already passed order and EPFO is not implementing, is not a case of "Contempt of Court"? The issue was raised in Parliament also for enhancement of pension but nothing has happened so far. more
dear rajendran/raghavan. Thanks for your feedback and my e mail is r_ashok41@hotmail.com . I will also look in the site you have mentioned. I retired in april this year. I have been through our company contributing only based on the 15000 inr basic and not on the basic what we are getting. So based on that what do you suggest. The anamoly which i see on the pension is in the EPS it says 15000Xno of years in service/70 but what actually i am getting is lower for some reason. regards Ashok d more
Since the SC order says that there is no time limit for opting for contributing on more than ceiling according to me even those who had not contributed on more than ceiling limit should be eligible to apply, especially EPFO in those days were discouraging people from contributing on higher salary. But unfortunately the form 26 & 3A requires your employer to certify that they were contributing on salary above ceiling limit. I think EPFO has erred in interpreting the supreme court order. Then there are some people who changed jobs & some employer had contributed over ceiling & some not, this also is not addressed by the form. I think there will have to another PIL to ask EPFO to find out from their records as to how much more a pensioner had contributed above ceiling & intimate pensioners as to what additional amount they have to contribute & what pension & arrears they will be eligible on paying that. more
EPFO Takes 15-20 Days for PF Withdrawal Shouldn’t Take More Than 2-3 Days in 2024 Pay Compensation of ₹5000 Per Day if Withdrawals Delayed by Lazy Sarkari Babus
My retirement has only 4 months. Before retirement I would like to settle my all-personal loans having @12.2 lacs. But I have only source is PF which is now accumulated more than Rs. 32 lacs. Shall...
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...
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 pens...
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...
By Satyapal Singh
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