Higher EPFO pension: Earlier this year, EPFO allowed its subscribers to opt for a higher pension amount by increasing their contribution towards the EPS. As per the new rules, subscribers can contribute 8.33 per cent of their actual basic pay towards the EPS to earn a higher EPFO pension.
Higher EPFO Pension: The deadline to apply for a higher pension under the Employees Pension Scheme is May 3, 2023, and there are speculations about whether the date will be extended. If the date is not extended, applicants can knock on the court s door on grounds of portal bugs or pending clarifications to seek an extension., Personal Finance News, Times Now
Higher pension deadline: Even if the date is not extended, experts say applicants may approach the Court for an extension on grounds of portal bugs, pending clarifications etc.
The timeline is being extended to facilitate and provide ample opportunity to the pensioners / members so as to to ease out any difficulty being faced by them, says govt
EPFO Higher Pension: Experts said there is no clarity regarding the mechanism and calculations that will be followed for the reallocation of funds from the provident fund to the pension fund. aaa