EPFO Higher Pension Option: EPFO has given complete details regarding scrutiny of applications by employees and employers.
New Delhi:
EPFO Alert: Employees’ Provident Fund Organization (Employees’ Provident Fund Organization) (EPS) Under this, all eligible subscribers are given the opportunity of Higher Pension Pension (Higher Pension Option) Certificate. After the decision of the Supreme Court in November last year, EPFO has started the system of higher pension under EPS. Under this, joint application for higher pension has been allowed. EPFO (EPFO) extended the last date of application for Higher Pension Option entitlement from 3 March 2023 to 3 May 2023 for all eligible EPS subscribers. After which the number of people applying for Employees Pension Scheme (Employee Pension Scheme) ie EPS (EPS) is increasing rapidly. But many problems are coming to the fore, EPFO has issued a new circular on April 23, taking jargon.
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cosmic in this head EPFO It has been said that after jamming the common or joint applications, the Regional Office (FO) will investigate it. If all is in order, the salary details submitted by the employer will be matched with the data held by the FO. If the data is found to be correct, the share amount will be calculated and an order will be issued (by APFC/RPFC-I/RPFC-II) for crediting or voting.
Apart from this, if the data is not found correct in the matching, then the employer company and the employee or pensioner will be informed and they will be given one month’s time to correct the details. If the correct information is not given within 1 month or there is discrepancy in the data, the order will be passed on merit (by APFC/RPFC-I/RPFC-II).
On the other hand, if the employer does not approve the application after the employee has applied, EPFO will give 1 month to recover before rejecting it. Employer, employee or pensioner’s choice in this 1 month, including correction evidence or variantal proof of admission to correct any mistake. Along with this, the concerned defaulter or pensioner will be informed about this attachment.
If the claim worker or pensioner has an application, contribution (contribution) or any other complaint regarding higher pension, they can register on EPFIGMS. With reference to the order of the Supreme Court (4 November 2022), these provisions will be recorded and the designated officers will resolve. The regional or zonal responsibility of these speculations will also be from the level of officers.