Now in the Employee Pension Scheme, the pension will also be received as salary and will be credited to the account of the pensioner on the last date of every month.
Let us tell you that till now according to the rules of the Employees' Provident Fund Organization, the pension amount was deposited in the account on the first working day of the month, but now it has been changed.
Instructions for Timely Deposit of Pension
According to media reports, the circular issued by the Employees' Provident Fund Organization has said that a review has been conducted by the Pension Division and as per the instructions of the RBI, it has been decided that all field officers Can send monthly BRS to Pension Department. Bank.
In the Employee Pension Scheme, keep in mind that money is deposited in the account of the pensioners on time. Pension should be deposited on or before the last working day of the pension month. The Employees' Provident Fund Organization has said in its circular that these orders should be strictly followed! Along with this, all the offices should also send instructions to the banks under their jurisdiction to follow these guidelines.
Pension is available after 58 years
Let us tell you that the employees working in the formal sector get pension after the age of 58 years. For this, it is mandatory for employees to work for at least 10 years. Employee Provident Fund (EPF) and Employee Pension Scheme are deposited. Employees contributing to EPF are also eligible for EPS.
There is great news for lakhs of pensioners of Employee Pension Scheme. Now you don't have to wait for pension. A big decision has been taken regarding the pension of all pensioners. Let us tell you that there were continuous complaints from the pensioners that they have to wait for a long time for their pension. For this, the Employees' Provident Fund Organization has issued a circular and given information!
Great news for lakhs of pensioners
Employees' Provident Fund Organization said that now you don't have to wait long for your pension. Pension amount will be transferred to everyone's account on the last date of the month. It has been said that the pension amount of Employee Pension Scheme will be transferred on the last working day of the month. Many times pensioners have to wait for a long time due to leave or some other reasons.
Information in circular: EPS Pension Scheme.
The Employees' Provident Fund Organization has said in a circular that, "In view of strict compliance of the above instructions, all the offices are hereby informed that they should organize the Employee Pension Scheme under their respective jurisdictions. Issue necessary guidelines/instructions to banks disbursing pensions in so as to ensure proper implementation of the above instructions.”
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Also, this instruction has been issued that this amount should be given to the banks 2 days before the money is transferred to the Employees' Provident Fund Organization pensioner's account, so that all the work can be done smoothly
Let us tell you that EPF account holders are considered eligible for this pension. Let us tell you that EPS is required for all employees whose salary and DA together is less than or equal to 15000. The benefit of Employee Pension Scheme is given by EPFO.
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