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Here's How much you need to pay to get Higher Pension

Employees Provident Fund Organisation (EPFO) has now come out with clarification on the same. The retirement body had last month pushed forward the time for submitting applications for validation of joint options from eligible employees till May 3, 2023. In its latest circular, issued on April 23,
the organisation touched upon the following issues -

1) What happens on submission of joint application form, 

2) In case of an error in the joint application form,

3) If an employer hasn't approved the joint application form.

Submission of joint application form for higher pension

The EPFO has shared that once the joint application form is submitted, it will be examined by the EPFO field office. In case, the requirements are complete and the wage details are submitted by the employers, it will be verified with the data available with the EPFO. The cases where FO details and employers’ details match, the dues will be calculated and an order will be passed for depositing/transferring of dues.

Mismatch in date

In cases where there is a mismatch, the same will be informed to the employer and the employee / pensioner by the EPFO. They will be given one month to provide the correct information.

Joint application form NOT APPROVED by the employer

In such cases, an opportunity will be given for providing additional proof or evidence or correcting any mistakes/errors (including those made by the employees/pensioners). Such opportunity will be for a period of one month and intimation will be given to the employees and pensioners.

The circular further clarified that in cases where the submitted information is not complete or seems erroneous or any information in the application form needs correction, then EPFO will seek information from the employers within one month. If the above information is received, then the joint application form will be accepted by the EPFO.

If the complete information is not received within one month, the EPFO will pass an order on merit.

Grievance Redressal

An employee or pensionor can register any grievance on the EPFiGMS after submission of his request form and payment of due contribution, if any. The registration of such grievance shall be under the specified category of higher pension with reference to the Supreme Court judgement dated November 4, 2022.

Access Full EPFO Circular Here


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