Higher Pension: HR News, Trends & Workplace Insights

Latest Higher Pension HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Higher Pension.

Updated on: Oct 2024
EPFO releases FAQs on issues linked to higher pension
EPFO

EPFO releases FAQs on issues linked to higher pension

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has issued an updated set of FAQs (Revised) Frequently Asked Questions (FAQs) for the field offices for Implementation of the Judgment of the Hon’ble Supreme Court dated 04.11.2022. EPFO circular is currently issued saying, “Frequently Asked Questions (FAQS) for Implementation of Judgment […]

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EPFO calls CBT meeting likely to address Higher Pension issues
EPFO

EPFO calls CBT meeting likely to address Higher Pension issues

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has asked all board members to be present at the 234th CBT meeting on next Tuesday likely to address Higher Pension issues. Recently, EPFO has extended three months for Employers to upload wage details, etc. online latest by 31.12.2023 regarding Pensions […]

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EPFO extends deadline for higher pension options by 3 month
EPFO

EPFO extends deadline for higher pension options by 3 month

Earlier an online facility was made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The facility was made available by EPFO for eligible pensioners/members in compliance with the Hon’ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain available only till […]

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Tomorrow is the last day to apply for a higher pension from EPS
EPFO

Tomorrow is the last day to apply for a higher pension from EPS

The Employees’ Provident Fund Organisation (EPFO) has extended the deadline by 15 days to get a pension on higher wages from June 26 to July 11. Initially, the deadline was March 3. An online facility has been made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The […]

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Latest Update on EPS- 95 Higher Pension | Joint Options
EPFO

Latest Update on EPS- 95 Higher Pension | Joint Options

Employees who are members of the EPS-95 and are in service/retired after 2014 can opt for a higher pension by filing a joint option application with the regional PF commissioner before 11/07/2023. Online facility has been made available by EPFO for submitting Applications for Validation of Option /Joint Options for pension on higher wages. The […]

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EPFO: How to calculate higher pension additional contributions
EPFO

EPFO: How to calculate higher pension additional contributions

Recently, EPFO has further extended the last date to apply for higher pensions to July 11, 2023, which was expiring today June 26, 2023. EPFO provides the last opportunity for employees to submit options within fifteen days to get a pension on higher wages and Employers are given three months’ time for uploading wage details […]

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EPFO further extends the deadline to apply for Higher Pension
EPFO

EPFO further extends the deadline to apply for Higher Pension

EPFO has further extended the last date to apply for higher pensions to July 11, 2023, which was expiring today June 26, 2023. EPFO provides the last opportunity for employees to submit options within fifteen days to get a pension on higher wages and Employers are given three months’ time for uploading wage details online, […]

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Will EPFO further extend the deadline to opt for higher pension?
EPFO

Will EPFO further extend the deadline to opt for higher pension?

According to EPFO, currently, the deadline to apply for a higher pension under the EPS is June 26, 2023 The deadline has been already extended two times earlier. The initial last date to apply for the provision of a higher pension was March 3, 2023. EPFO has extended the last day to opt for a […]

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ESP-95 Higher Pension: EPFO sets a deadline for validation of joint declaration
EPFO

ESP-95 Higher Pension: EPFO sets a deadline for validation of joint declaration

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) sets 20 days deadline for field offices for validation of joint applications under EPS-95, higher pension. EPFO has issued a circular dated June 2, 2023, that has provided the information regarding the joint declaration option. The EPFO aims to streamline the […]

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EPS-95 Higher Pension: important factors to consider before opting
EPFO

EPS-95 Higher Pension: important factors to consider before opting

The EPS-95 Higher Pension has faced a lot of confusion and explanation on its calculations. Further, Hon’ble Supreme Court held the requirement of the members to contribute at the rate of 1.16% of their salary to the extent such salary exceeds Rs.15000/- per month as an additional contribution under the amended scheme to be ultra vires […]

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EPFO: Latest Guideline on Higher Pension EPS-95
EPFO

EPFO: Latest Guideline on Higher Pension EPS-95

The Hon’ble Supreme Court, in its judgment dated 04.11.2022 in Civil Appeal No. 8143-8144 of 2022 titled the (EPFO) Employees Provident Fund Organisation & Anr. etc. Vs. Sunil Kumar B. and Ors. etc., while upholding the validity of the amendments made to the Employees’ Pension Scheme,1995 (EPS,1995) vide G.S.R 609 (E) dated 22.08.2014 (effective from […]

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Higher Pension: Employer’s contribution to EPS will be 9.49%
EPFO

Higher Pension: Employer’s contribution to EPS will be 9.49%

The Hon’ble Supreme Court, in its judgment dated 04.11.2022 in Civil Appeal No. 8143-8144 of 2022 titled the Employees Provident Fund Organisation & Anr. etc. Vs. Sunil Kumar B. and Ors. etc., while upholding the validity of the amendments made to the Employees’ Pension Scheme,1995 (EPS,1995) vide G.S.R 609 (E) dated 22.08.2014 (effective from 01.09.2014) had […]

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