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Higher pension under EPS can lead to lower EPF contribution; what to know before applying

The Employees Provident Fund Organisation (EPFO) has extended the last date to apply for higher pension till 26 June 2023

EPFO: Know how to receive Rs 15,670 PF as monthly pension after retirement

Every employee must pay 12% of their basic monthly pay and deferred compensation (DA) into the EPF. Then, the employer is also required to make a similar contribution.

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