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HIGHER PENSION OPTION FORM (As per Sub Para (3) of Para 11 of the Employees Pension Scheme, 1995) (This Option shall be exercised and submitted well in advance of Pay + DA reaching .6,500.00) To The.
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Remittance FAQ
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Hon'ble Supreme Court of India in the above cited judgement has allowed eligible employees and pensioners to opt for pension on actual salary on submitting joint option form by Employee/ Pensioner and Employer as per sec 11(3) & 11(4) of EPS 95 scheme.
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Supreme Court of lndia, eligible employees are required to submit Joint Option under erstwhile Para 11(3) & 11(4) of EPS, 1995 within a period of 4 months from the date of Judgement. pension on higher/actual salary instead of the present wage/salary ceiling limit of Rs. 15,000/- pm under the EPF Act, 1952.
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1) Form 10C – The EPFO Form 10C is used for final settlement/withdrawal benefits/advances: Composite Claim form (Aadhaar/non-Aadhaar) Scheme Certificate. 2) Form 10D – The EPFO Form 10D is used for pension benefits. 3) Form 13 – The EPFO Form 13 transfers the EPF balance from an old account to a new one.
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Step 1: Employees need to visit the EPFO Unified Member portal. Step 2: Click on the 'Pension on Higher Salary: Online application for validation of Joint Option' option. Step 3: Fill in the details and submit the form.
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How to Amend your EPFO Higher Pension Online Form? Step 1: Open EPFO Higher Pension URL. ... Step 2 – Logon to the EPFO Joint Option for Higher Pension portal. ... Step 3 – Check Application Status and Details. ... Step 4 – Deleting the application for Amendments. ... Step 5 – Successful Deletion.
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Based on the same, the employer can either approve or reject the application for pension on higher wages. As per several circulars issued by the EPFO, the employer's verification of the application by providing their digital signature or e-sign is essential for further processing of the higher pension application."
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How to Fill EPF Form 10D? By whom is the pension claimed. ... Type of pension claimed. ... Member Details. ... EPF Account Details. ... Name & address of the Establishment in which the member was last employed. Date of leaving the service (dd/mm/yyyy) Reason for leaving the service. Address for communication.
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How to Amend your EPFO Higher Pension Online Form? Step 1: Open EPFO Higher Pension URL. ... Step 2 – Logon to the EPFO Joint Option for Higher Pension portal. ... Step 3 – Check Application Status and Details. ... Step 4 – Deleting the application for Amendments. ... Step 5 – Successful Deletion.
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