Recently, the Supreme Court has given a decision in favor of employees for EPF pension hike, around 10 times. Now, can we contribute 8.33% towards EPF pension without any ceiling? Those who have recently retired can get this revised pension after paying the difference in contribution.
From India, Bhilai
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2From India, Bhilai
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Hi B Surya Rao,
Referring to the Supreme Court decision which has opened the gateway for many covered employees in EPFO and entitled them to an EPS raised bar based on the amendment in the EPS Act in 1996. Yes, you can file your case with EPFO by contributing the difference in the amount payable. It is conditioned that those who were members of the scheme before August 2014, as the government amended the EPF act and deleted the provision that allowed employees to make a higher contribution and draw a pension based on their full salary.
So, check your joining date in EPS accordingly and file the case.
From India, New Delhi
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Referring to the Supreme Court decision which has opened the gateway for many covered employees in EPFO and entitled them to an EPS raised bar based on the amendment in the EPS Act in 1996. Yes, you can file your case with EPFO by contributing the difference in the amount payable. It is conditioned that those who were members of the scheme before August 2014, as the government amended the EPF act and deleted the provision that allowed employees to make a higher contribution and draw a pension based on their full salary.
So, check your joining date in EPS accordingly and file the case.
From India, New Delhi
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Hi Harpreet,
I have been a member of this scheme since 1993. I understand that I am eligible to avail of this scheme. Please let me know the formalities to avail this benefit and how to calculate the difference amount to be paid now and what would be the pension amount that I would receive after my retirement.
Regards,
Ravi Warrier
From India, Bengaluru
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I have been a member of this scheme since 1993. I understand that I am eligible to avail of this scheme. Please let me know the formalities to avail this benefit and how to calculate the difference amount to be paid now and what would be the pension amount that I would receive after my retirement.
Regards,
Ravi Warrier
From India, Bengaluru
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Hi Ravi,
Just submit a request letter to the PF office, stating that you are referring to the Supreme Court judgment. You want to contribute to your EPS based on your full salary, providing your complete details along with your PF and UAN numbers. They will update you with the details of the additional amount to be submitted. Also, attach the document as circulated in this message.
From India, New Delhi
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Just submit a request letter to the PF office, stating that you are referring to the Supreme Court judgment. You want to contribute to your EPS based on your full salary, providing your complete details along with your PF and UAN numbers. They will update you with the details of the additional amount to be submitted. Also, attach the document as circulated in this message.
From India, New Delhi
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Dear Harpreet Walia, Request to share the PDF file of PF Circular instead of JPG format. Hope you will do the need full . Regards,
From India, Mumbai
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From India, Mumbai
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Hi, Please find attached the circulation copy as required.
From India, New Delhi
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From India, New Delhi
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The relevant circular issued by PF Department in this regard in March 2017 is attached. Thanks
From India, Malappuram
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From India, Malappuram
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Dear PCA, Thanks for sharing the circular I am Oblige. Regards,
From India, Mumbai
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From India, Mumbai
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Dear P C Agrawal, B.Com., LL.B., CAIIB, FCS,
I would be obliged if you could share the PF Circular dated 31-05-17 on the subject pertaining to Exempted Establishments, or guide me on where I can obtain it. If I am not mistaken, the said PF Circular was annulled before various high courts, ultimately upheld by the Apex Court.
Kindly revert.
Regards
From India, Mumbai
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I would be obliged if you could share the PF Circular dated 31-05-17 on the subject pertaining to Exempted Establishments, or guide me on where I can obtain it. If I am not mistaken, the said PF Circular was annulled before various high courts, ultimately upheld by the Apex Court.
Kindly revert.
Regards
From India, Mumbai
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