This money is deposited in the Pension Fund out of the money that is deducted as contribution to Provident Fund (PF) from the salary of the employees. Now if an employee has to increase the amount of pension in his PF contribution, then the Employees’ Provident Fund Organization (EPFO) has issued a circular. The last date for getting more pension has been fixed as May 3. Come, let us know how the employees will be able to increase the amount deposited in their pension fund?

May 3 last date

According to media reports, a circular has been issued by EPFO regarding some problems being faced by employees and pensioners to get more pension. Three issues have been clarified in the circular of EPFO. Firstly, what will happen after joint submission of application for higher pension? Second, what if there is a mistake in the Combined Application Form? Thirdly, what to do if the joint application form is not approved by the employer i.e. the company. The last date to apply for getting more pension is May 3.

what is the process

In the circular issued by EPFO, it has been said that after submitting the joint application form, the regional office of EPFO will scrutinize it. Once the required documents are completed and the salary details are submitted by the employer, it will be verified from the data available with EPFO. Once the data is verified, the EPFO will calculate the dues and an order will be passed to credit or transfer the dues.

What if the data doesn’t match

According to the circular, it is possible that there is a mismatch between the data available with the EPFO and the information provided by the employer and the employee. It has been clarified in the circular that in case of non-availability of day mail, the employer and employee or pensioner will be informed by EPFO. They will be given one month’s time to give correct information.

What if the joint form is not accepted by the employer?

Now if the joint application form is not approved by the employer, then in such a situation the employer will be given a chance to provide additional evidence or rectify any mistake. This opportunity will be provided for one month. Its information will also be given to the concerned employees and pensioners.

E-pass book service disrupted

According to media reports, the e-passbook service of EPFO has been disrupted for the past few days. EPFO members are also complaining that they are not able to receive their e-passbooks in the last few days and the EPFO website and its UMANG app are also not working. Explain that e-passbook is such a document, which contains all the information about your EPF and EPS accounts. Here, EPFO has told the members who deposited the amount that the concerned team is investigating the situation. Give yourself some time to improve.

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For the employees who retired before September 2014, the last date of this scheme was earlier March 3, 2023. The Labor Ministry said in a statement on Monday that now, on the demand of the workers/employers union, chairman, the Central Board of Trustees has decided to extend the last date for receiving applications from such workers to May 3, 2023. Let us also tell you how you can apply online to get higher pension.

This is how you can apply by visiting the EPFO ​​portal

1. Go to the Member e-Services Portal.
2. Click on the higher pension present on the pension, use the joint option.
3. Select ‘Application Form for Joint Option’.
4. Add details including UAN, name, DOB, Aadhaar number, mobile number linked to Aadhaar and captcha.
5. Enter the OTP received on your Aadhaar-registered mobile number.
6. submit application.
7. An acknowledgment number will be generated on submission of the application form.

How to check your service history and joining date on EPFO ​​portal?

1. Visit the Member e-Service Portal, which can be accessed at https://unifiedportal-mem.epfindia.gov.in/memberinterface/
2. Enter Universal Account Number (UAN), Password and Captcha to login.
3. Now choose Service History from the View menu.
4. The ‘Service History’ option displays the list of organizations the person has worked for. Check the date you joined the DOJ or any organization.
5. If the portal displays DOJ before 1st September 2014, then the person is eligible to apply for High Pension. If the person changes jobs after this date, they will still be able to opt for higher pension as long as their pension account is active with EPFO.

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For the personnel who retired before September, 2014, the last date of this scheme was earlier March 3, 2023. The Ministry of Labor said, ‘Now on the demand of the union of workers / employers, the Central Board of Trustees has decided to extend the last date for receiving applications from such workers to May 3, 2023.’

Last date extended till 3rd May

Now you can apply till 3rd May through Unified Members Portal of EPFO. The Supreme Court, in an order issued on November 4, 2022, had said that EPFO ​​will have to give 4 months time to all eligible members to opt for higher pension. This period was ending on 3 March. But there was a continuous demand from the employees to increase it. Now it has been extended till 3 May.

How to apply for more pension

To take advantage of the scheme, employees will have to go to the nearest EPFO ​​office. There you will have to fill the application along with the required documents. At present, a limit of Rs 15,000 per month has been fixed for contribution to EPS. Even if your basic salary is Rs 50,000, your EPS contribution is Rs 1,250 based on a salary of Rs 15,000.

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EPFO has issued instructions to all its offices that how the members of Employees Pension Scheme (EPS) should apply for higher pension. The last date to apply for higher pension under EPS is March 3, 2023.

However, this option will be available only to those employees who were members of EPF as on August 31, 2014 and have not opted for higher pension under EPS. As per the guidelines, EPFO ​​has allowed EPS members to exceed the limit of pensionable salary by Rs 15,000 per month.

With the new process of EPFO, subscribers and their employers will be able to jointly apply for higher pension under EPS. This means that now members can contribute 8.33 per cent of their basic salary.

Are you eligible for higher pension from EPFO?

EPFO has accepted the request of those employees who have compulsorily contributed more salary to the pension scheme under the EPF scheme and have opted for enhanced pension coverage before their retirement. EPFO said that the employees who contributed salary in excess of the erstwhile wage limit of Rs 5,000 or Rs 6,500 and those employees who opted under EPS with the revised scheme while being a member of EPS-95, would be eligible for higher pension coverage. are eligible for.

Process of offline application

>> To get more pension, EPS member will have to go to his nearest EPFO ​​office.
>> There they will also have to submit some documents along with the application.
>> According to the method and format given by the commissioner, the application will have to be given.
>> There will also be a disclaimer and declaration in the joint option.
>> After the application is submitted, it will be dealt with according to the circular.

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The body managing the retirement fund said that members and their employers would be able to apply jointly for this. In November 2022, the Supreme Court upheld the Employees’ Pension (Amendment) Scheme, 2014.

Earlier, the EPS revision of August 22, 2014 raised the pensionable salary limit from Rs 6,500 per month to Rs 15,000 per month. Also, the members and their employers were allowed to contribute 8.33 per cent of their actual salary to the EPS.EPFO in an office order has given details about handling of ‘Combined Option Form’ by its field offices.

EPFO said that ‘a facility will be given, for which the URL (Unique Resource Location) will be told soon. After receiving this, the Regional PF Commissioner will give information through notice boards and banners for wide public information. “According to the order, every application will be registered, logged digitally and a receipt number will be given to the applicant.

It further added that the Officer-in-Charge of the Regional Provident Fund Office concerned will examine each case of joint option on higher pay. There after, the applicant will be informed about the decision through e-mail/post and later through SMS. It has been said in the order that these instructions are being issued in compliance of the order dated November 4, 2022 of the Supreme Court.

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