EPFO Higher pension Deadline: The deadline given by the Employees’ Provident Fund Organization (EPFO) for its members to apply for the higher pension scheme ends today. It said that a last chance of 15 days is being given on June 26, 2023. Similarly, today 11th July 2023 is the last chance to choose more pension scheme. Application submission will not be possible from tomorrow. The deadline has already been extended thrice and the possibility of another extension is very unlikely.
Today is the last chance to apply for EPFO higher pension scheme, so if you haven’t applied yet, you won’t be able to apply for it after July 11, 2023. Earlier, the last date to apply was June 26, which was extended to July 11.
This time is given to give pension to the eligible members in case of any problem in the portal. Along with this, EPFO has given time till 30 September 2023 to the employers to upload salary details of employees applying for higher pension. In such a situation, it is expected that members may be given more time to apply for EPS.
Deadline extended three times
EPFO has extended three times the deadline for employees to apply for higher pension. However, employers have been given time till 30 September 2023 to upload member data. In such a situation, more time may be given to eligible pensioners. This time can be given keeping in mind the problems of the employees. If there are more issues under EPFO, the government can extend this time further.
It is best to consider this as the last chance
According to some experts, if you have not yet applied for higher pension, it is not right to wait for the deadline to be extended again. Because the deadline has already been extended three times. Apart from this, EPFO will now work on its process. In such a situation it is best to consider this as a last resort. If you are facing any problem in submitting online application for verification, you can contact the officials at EPFiGMS for solution.
Fill the application carefully
If you are going to apply, you should take special care. You should carefully fill the pension related information from personal details, because if you make any kind of mistake you can lose more pension.
What should be the qualifications?
In order to get the benefit of the higher pension scheme, the document of payment of contribution to the workers’ provident fund, universal account number (UAN), and pension payment order (PPO) in case of retirement should be submitted.
How to calculate pension?
For those who retired before Sep 1, 2014, the pension will be calculated based on the average salary of the previous 12 months of leaving the Employees’ Provident Fund Organisation. Pension will be determined on the basis of 60 months average salary for those retiring/retiring after Sep 1, 2014.
