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Home Breaking News

‘Last opportunity’: EPFO extends deadline to apply for higher pension till July 11

by NavJeevan
3 years ago
in Breaking News, Companies, consumers, National, Social Welfare Schemes
Reading Time: 1 min read
0
0
EPFO Board cuts interest rate to 7-year low of 8.5% from 8.65%

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NE NEWS SERVICE
NAGERCOIL, JUNE 28

Retirement fund body the Employees Providend Fund Organisation (EPFO) has now extended its application deadline for the third time. Eligible members can now apply for higher pension till July 11. The repeated extensions come in the wake of a November 2022 Supreme Court verdict that was followed by delays in issue of appropriate clarification circulars.

  • This is the second extension of the deadline for applying for a higher pension
  • Employers have to validate application forms by September 30.

This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023. The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members, the Employees’ Provident Fund Organisation said in a statement.

Employers have been given three months time for uploading wage details online, said Ministry of Labour & Employment.

“16.06 lakh Applications for Validation of Option / Joint Options have been received till 26.06.2023. Last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members.  Accordingly, the last date for submission of Applications for Validation of Option / Joint Options by employees is extended to 11.07.2023,” the ministry said.

Any eligible pensioner/member who on account of any issue in the updation of KYC, faces difficulty in submitting an online application for validation of option / joint option, may immediately lodge such grievance on EPFiGMS for resolution, as per the statement.

Tags: 'Last opportunity'applydeadlineepfoextendhigher pensiontill July 11
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