I think the EPFO is taking initiatives to increase the quantum of pension to the pensioners. Accordingly I have sent a request to EPFO a month ago and no reply has been received so far. I was told by an official of EPFO that a minimum of 20 years' subscription/contribution is necessary for considering the increase. Is that right, as I have subscribed/contributed only for 17 years in total? Can anyone clarify whether I am eligible for the increase of pension? If I am eligible what is to be done further? more
Dear Dr. I have already mailed all documents except form 26& 3A, which I am not able to locate now. i will do it later.As regards pension calculation , pensionable salary is last 60 month's average salary. & then there are different calculation for years before 1995( before the pension scheme was introduced) .EPFO has an XL sheet to calculate that. EPF pension above Rs 3000 is very rare. more
Though SC has already passed order but EPFO is not implementing that. Some Employee Associations have already appealed in High Courts which are still pending. When Supreme Court already passed order and EPFO is not implementing, is not a case of "Contempt of Court"? The issue was raised in Parliament also for enhancement of pension but nothing has happened so far. more
dear rajendran/raghavan. Thanks for your feedback and my e mail is r_ashok41@hotmail.com . I will also look in the site you have mentioned. I retired in april this year. I have been through our company contributing only based on the 15000 inr basic and not on the basic what we are getting. So based on that what do you suggest. The anamoly which i see on the pension is in the EPS it says 15000Xno of years in service/70 but what actually i am getting is lower for some reason. regards Ashok d more
Since the SC order says that there is no time limit for opting for contributing on more than ceiling according to me even those who had not contributed on more than ceiling limit should be eligible to apply, especially EPFO in those days were discouraging people from contributing on higher salary. But unfortunately the form 26 & 3A requires your employer to certify that they were contributing on salary above ceiling limit. I think EPFO has erred in interpreting the supreme court order. Then there are some people who changed jobs & some employer had contributed over ceiling & some not, this also is not addressed by the form. I think there will have to another PIL to ask EPFO to find out from their records as to how much more a pensioner had contributed above ceiling & intimate pensioners as to what additional amount they have to contribute & what pension & arrears they will be eligible on paying that. more
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
I have withdrawn my eps from previos employer.After that I served with new employer for about 9 years and my eps contribution was deposited.After retirement I want to withdraw this additinal 9years...
EPFO Takes 15-20 Days for PF Withdrawal Shouldn’t Take More Than 2-3 Days in 2024 Pay Compensation of ₹5000 Per Day if Withdrawals Delayed by Lazy Sarkari Babus
By Naina Mittal
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