Enahancement of EPF pension
I have joined in my present company in 1996 and on attaining 58 years retired in April 2017. My fpf contribution was based up on the ceiling of 15000 at the time of retirement. Am getting pension based up on the calculation as per Salary ceiling of 15000.
A few of my friends who have retired before 2014 have remitted a onetime payment to EPFO authority, and go their Pension revised. Understand from PF office that this facility is only for those who retired before 2014 and not applicable for those retired later. I don't understand the logic of this. Can anybody clarify on this ?
Now to get the enhanced Pension amount, what shall I do ?? more
A few of my friends who have retired before 2014 have remitted a onetime payment to EPFO authority, and go their Pension revised. Understand from PF office that this facility is only for those who retired before 2014 and not applicable for those retired later. I don't understand the logic of this. Can anybody clarify on this ?
Now to get the enhanced Pension amount, what shall I do ?? more
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UNEXEMPTED ORGANISATIONS ARE ELIGIBLE FOR ENHANCED PENSION PROVIDED A JOINT APPLICATION OF EMPLOYER AND EMPLOYEE IS FILED TO THE CONCERD RO OF EPFO more
Sep 18
In kerala & only a few other states only this enhanced pension is processed through Regional offices, other regional offices are throwing the ball to Ho & HO has now given a circular reprimanding regional offices. But if you see the forms 26 & 3A, it says that you are eligible only if your employer had contributed on above ceiling. But as per me SC order which says that there is no cut off date for opting to pay on above ceiling makes you eligible to pay the difference amount even now. Please approach your Regional office & try, because kerala regional offices are helpful in this matter. Post your outcome on this board for all others to know. more
Sep 18
My understanding is people who have joined FPF after 2014 are not eligible because contributing on higher salary than ceiling was discontinued in the same circular which enhanced the minimum pension to Rs 1000. Consult your friends who have got enhanced pension. According to me you have to apply in form 26 & form 3A available only at any EPF office & route it through your employer. Then EPFO will inform you the "Onetime payment amount' to be paid more
Sep 18
Mr. Vijayan, Combined Petition regarding this issue is still pending with Supreme Court of India. As per supreme court judgement there is no cut off date to opt for higher pension. You can still get higher pension if you are ready to fight and take up this issue at the highest level. You can write to PF commissioner/Supreme Court/Labor Minister/PMO on this issue. You can also file a separate petition in the court. more
Sep 18
