EPFO Big Decision For Pensioners: Employees’ Provident Fund Organization (EPFO) has extended the date of application for higher pension, so that now some groups of retired employees registered in Employees’ Pension Scheme (EPS) can easily apply for higher pension. , because EPFO has extended the new deadline for application to May 3, 2023. EPFO has activated the online application link for higher pension on its website , so eligible retirees can apply for enhanced pension of EPFO till May 3.
Explain that in November 2022, the Supreme Court had extended the deadline for requesting pension hike under EPS 1995 by four months. If you were a participant of EPS 1995 and you retired before 1 September 2014, you have only time till 4 March 2023 to apply for higher pension. Those who are eligible for EPFO High Pension can now submit their applications along with required paperwork through a single site announced by EPFO.
Eligibility for higher pension
According to EPFO, employees who were already members of EPFO under EPS on September 1, 2014, and who continue to be members of EPFO on or after that date, are eligible to apply for higher pension. Along with this, let us tell you that you have to keep in mind that this option is available only for those employees who were unable to apply by the original deadline.
More than 8,000 people applied
According to official figures, more than 8,000 people have applied for membership online. At the same time, under the instructions of the Supreme Court, on February 20, a circular was published by EPFO. EPFO finally stopped giving any other option to the retirement people on March 4, 2023.