Recently, EPFO has further extended the last date to apply for higher pensions to July 11, 2023, which was expiring today June 26, 2023.
EPFO provides the last opportunity for employees to submit options within fifteen days to get a pension on higher wages and Employers are given three months’ time for uploading wage details online, the Labour Ministry said.
Higher Pension Calculator Link:
Step 1: Go to the EPFO’s Member UAN/Online Service page at https://unifiedportal-mem.epfindia.gov.in/memberinterface/
Step 2: Click on the link for Pension on Higher Salary: Exercise of Joint Option under para 11(3) and para 11(4) of EPS-1995 on or before 11th July 2023.
Step 3: Once you click on the above page, it will take you to this page: Track application status for Pension on Higher Wages & Here you will click on “Calculator for estimating due for Pension on Higher Wages” to download the Excel-based calculator.
The facility is for eligible pensioners/members in compliance with the Hon’ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain available only till 03.05.2023. However, considering the representations of the employees, the time limit was extended to 26.06.2023 in order to provide a complete four months time to eligible pensioners/members for filing applications. 16.06 lakh Applications for Validation of Option / Joint Options have been received till 26.06.2023.
The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members. Accordingly, the last date for submission of Applications for Validation of Options / Joint Options by employees is extended to 11.07.2023.
Any eligible pensioner/member who on account of any issue in the updation of KYC, faces difficulty in submitting an online Application for Validation of Option / Joint Option, may immediately lodge such grievance on EPFiGMS for resolution. The grievance may please be submitted by selecting the grievance category of ‘ Higher Pensionary benefits on higher wages’. This will ensure a proper record of such a grievance for further action.
Meanwhile, many representations have been received from Employers & Employers’ Associations wherein requests have been made to extend the time period for uploading wage details of applicant pensioners/members. The request has been considered sympathetically and the employers are being given a further period of three months to submit wage details etc. online latest by 30.09.2023
