New EPFO round clarifies how a lot one must pay to get greater EPS pension

The Workers Provident Fund Organisation (EPFO) has issued new particulars for scrutiny of data and wage particulars submitted by the worker and employer for greater pension.

The EPFO issued a round on 23 April by which it said that functions and joint choices for greater pension will likely be examined by the sector workplace . In case, the necessities are full, the wage particulars submitted by the employers will likely be verified with the info accessible with the sector workplaces.

“The instances the place FO particulars and employers’ detalls match, the dues will likely be calculated and an order will likely be handed by APFC/RPFC-II/ RPFC-I for depositing/transferring the dues. The instances the place there’s a mismatch, the identical will likely be Knowledgeable to the employer and the worker/pensioner by APFC/ RPFC-II. They are going to be given a time of 1 month to finish the data,” EPFO mentioned in its round.

If the appliance for greater pension and joint possibility not accepted by the employer: 

“In case submitted utility type / joint possibility just isn’t accepted by the employer, earlier than any rejection, a possibility will likely be given to the employer for offering any further proof or proof or appropriate any errors/errors (together with these made by staff / pensioners). Such alternative will likely be for a interval of 1 month and below Intimation to the workers / pensioners, the round mentioned.

If the data submitted is discovered incomplete or inaccurate

The EPFO in it round mentioned,” In instances the place the submitted data just isn’t full or appears inaccurate or any data in utility/ joint possibility type wants correction request or not discovered eligible, APFC/RPFC-II will search data from the employers below intimation to the workers / pensioners inside one month. If full data is acquired, the case shall be processed additional as at 3 above. Nevertheless, if, full Data just isn’t acquired inside one month, the order will likely be handed on benefit by the APFC/RPFC-II/RPFC-1.”

Grievance Redressal:

Any grievance by the applicant will be registered on EPFIGMS after submission of his request type and fee of due contribution, if any. The registration of such grievance shall be below specified class of upper pension as regards to Supreme Courtroom Judgment dated 04.11.2022. All such grievances shall be addressed and disposed of on the stage of Nominated Officer. Grievances will likely be monitored by the Officer In-Cost of Regional Workplace and Zonal Workplace.

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