Thursday, November 21, 2024

The government has increased the pension before holi; you can also apply

This is a great time for government employees. There is a chance if you’re also looking for greater pension benefits. Pension updates have been released from the federal government. Employees the Provident Fund Organisation (EPFO) announced Monday that the process to apply for additional Pensions in the Employees Pension Scheme (EPS) has begun. The organization that manages the retirement fund announced that employers and members would be able to apply for this jointly.

pension

The pension was raised from 6500 to 15,000.

We can be clear that in November 2022, The High Court upheld the Employees Pension Scheme for 2014. The EPS revision announced on August 22nd, 2014, increased the limit of pensionable salaries from Rs. 6,500 to 15,000 per month. Members and their employers could contribute 8.33 percent of their monthly pay to the EPS.

pension

EPFO will offer an exclusive facility.

EPFO, in a formal request, has shared information on handling the Joint Option Form’ with the field office. It has stated that a facility will be made available, and the URL (Unique Resource location) will be announced soon. Once this information is received information, the regional PF Commissioner will distribute information via banners and notice boards for large-scale public access.

pension

Order is issued

According to the directive, each application is digitally registered, and a receipt number will be issued to applicants. It also states that the Officer in Charge of the responsible Regional Provident Fund Office will review each case of an option to join for a higher salary. The decision will be made known to the candidate via post or email and later via SMS. The order states in the ruling that these guidelines were issued in compliance with the ruling of 4 November 2022 from the Supreme Court.

Read More: This electric scooter came with 60Km range, the price will blow your mind

 

 

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                 Click Here
🔥 Facebook Page                 Click Here
🔥 Instagram                 Click Here
🔥 Telegram Channel                  Click Here
🔥 Google News                 Click Here
🔥 Twitter                 Click Here
spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

25% of the salary to be cut! the government gave shock by doing this

The state government occasionally makes several significant choices at its level in addition to the federal government. The state government has now agreed to...

Due to a major rule change by government, pension & gratuity will no longer be paid!

After providing dearness allowance to Central administration employees, the administration has now changed the criteria significantly once again. The staff has now received a...

Important news for NPS investors! new withdrawal rules will be implemented soon

This news will make you delighted if you are investing in NPS with the future in mind as well. To bring the withdrawal plan,...

Long wait is over! major decision was made about the old pension scheme

Old pension scheme is causing a lot of controversies. The nation's government personnel are always clamoring for the previous pension plan. People are also...

Biggest Update on Old Pension Scheme! No one could do what these state governments did

These days the old pension scheme is in a lot of headlines. Many states have also implemented the old pension scheme and are also...

Most Popular

Subscribe

* indicates required