Deadline extended for opting for higher pension, this is the new date

03 May 2023 Pc Instagram Deadline Extended For Opting For Higher Pension, This Is The New Date

Employees Provident Fund Organization Epfo Has Given More Time To Eligible Members To Choose Higher Pension Option Pic Credit Getty Images

Earlier, The Date Of May 3, 2023 Was Fixed For Choosing This Option, Which Has Now Been Extended To June 26, 2023.

It Was Said By The Ministry Of Labor That This Decision Has Been Taken To Enable All Eligible Persons To File Their Applications.

The Number Of Epfo ​​Members Opting For This Option Is Increasing Continuously And More Than 12 Lakh Applications Have Been Received So Far.

Epfo Was Continuously Receiving Applications Related To The Demand For Extension Of The Deadline For Choosing The Higher Pension Option

In November 2022, The Supreme Court Upheld The Employees Pension Amendment Scheme 2014.

The Supreme Court Had Said That Those Who Could Not Apply For Higher Pension Can Choose A New Option Within Four Months.

Explain That After The Eps Amendment Of 22 August 2014, The Pensionable Salary Cap Was Increased From Rs 6500 To Rs 15000 Per Month.

Online Facility Has Also Been Made Available By Epfo ​​To Simplify The Entire Process Of Choosing Higher Pension Option.

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