WebThe Supreme Court has recalled its 2024 order which had paved way for higher pension for employees by removing the current salary ceiling of ₹ 15,000. The bench, which also … WebFeb 21, 2024 · They moved court, and the Supreme Court through a November 4, 2024 order gave eligible subscribers additional four months (from the date of the order) to opt for …
EPFO implements Supreme Court order, gives option for higher pensio…
WebFeb 27, 2024 · In November 2024, the Supreme Court had mandated the EPFO to provide four months to all eligible members to opt for higher pension. The four-month period for opting for higher pension was to end on March 3, 2024 in view of apex court order. Thus, there were apprehensions among members that the deadline will end on March 3, 2024. WebFeb 20, 2024 · Follow Us. Retirement fund body EPFO on Monday came out with a procedure to enable subscribers and their employers to jointly apply for higher pension under Employees' Pension Scheme (EPS). Earlier in November 2024, the Supreme Court had upheld Employees Pension (Amendment) Scheme 2014. The EPS amendment of August … short youtube download audio
EPFO implements Supreme Court order, gives option for higher pensio…
WebJan 4, 2024 · It also instructs EPFO members on how to apply for a higher pension after the apex court order. The EPFO also made it clear that fund authorities shall implement the Supreme Court ruling within a period of … WebFeb 27, 2024 · Earlier, the Supreme Court in its order on November 4, 2024 had mandated the Employees’ Provident Fund Organisation (EPFO) to provide four months to all eligible members to opt for higher pension. The four-month period for opting for higher pension was to end on March 3, 2024 in view of apex court order. WebFeb 20, 2024 · The apex court in its order gave four more months to eligible subscribers to opt for higher pension under EPS-95. The court had also struck down the requirement in the 2014 amendments mandating employee contribution of 1.16 per cent of the salary exceeding Rs 15,000 per month. This will facilitate the subscribers to contribute higher to … sarah huckabee sanders fact check