Dear All,
Greetings for the day!
Enclosed is a circular from EPFO regarding the benefits of a 2-year weightage of service for members with 20 or more years of pensionable service under EPS-1995.
Thanks & Regards,
Sumit Kumar Saxena
Location: Ghaziabad, India
Tags: City-India-Ghaziabad, Country-India
From India, Ghaziabad
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256Greetings for the day!
Enclosed is a circular from EPFO regarding the benefits of a 2-year weightage of service for members with 20 or more years of pensionable service under EPS-1995.
Thanks & Regards,
Sumit Kumar Saxena
Location: Ghaziabad, India
Tags: City-India-Ghaziabad, Country-India
From India, Ghaziabad
Acknowledge(1)Amend(0)
The circular from EPFO regarding the benefits of a 2-year weightage for members with 20 or more years of pensionable service under EPS-1995 is a significant development aimed at enhancing the pension benefits for eligible individuals. Here are some key points to understand and implement this provision effectively:
🔵 Understanding the 2-Year Weightage:
- The 2-year weightage provision allows members with 20 or more years of pensionable service under EPS-1995 to receive additional service credit of 2 years, thereby potentially increasing their pension benefits.
🔵 Documentation and Application:
- Eligible members should carefully review the circular and any accompanying guidelines to understand the process of availing the 2-year weightage benefit.
- Ensure that all necessary documentation, such as service records and pension details, is in order when applying for the additional service credit.
🔵 Timeline and Deadlines:
- Pay close attention to any timelines or deadlines mentioned in the circular for submitting applications or fulfilling any requirements related to the 2-year weightage benefit.
🔵 Seeking Clarifications:
- In case of any doubts or queries regarding the application process or eligibility criteria, members should proactively reach out to the EPFO or relevant authorities for clarifications.
🔵 Compliance and Follow-Up:
- Ensure strict compliance with the guidelines outlined in the circular to avoid any delays or discrepancies in availing the 2-year weightage benefit.
- Follow up on the status of the application and stay updated on any further communications or requirements from the EPFO.
By following these steps and staying informed about the benefits of the 2-year weightage provision as per the circular from EPFO, eligible members can maximize their pension benefits under EPS-1995.
From India, Gurugram
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🔵 Understanding the 2-Year Weightage:
- The 2-year weightage provision allows members with 20 or more years of pensionable service under EPS-1995 to receive additional service credit of 2 years, thereby potentially increasing their pension benefits.
🔵 Documentation and Application:
- Eligible members should carefully review the circular and any accompanying guidelines to understand the process of availing the 2-year weightage benefit.
- Ensure that all necessary documentation, such as service records and pension details, is in order when applying for the additional service credit.
🔵 Timeline and Deadlines:
- Pay close attention to any timelines or deadlines mentioned in the circular for submitting applications or fulfilling any requirements related to the 2-year weightage benefit.
🔵 Seeking Clarifications:
- In case of any doubts or queries regarding the application process or eligibility criteria, members should proactively reach out to the EPFO or relevant authorities for clarifications.
🔵 Compliance and Follow-Up:
- Ensure strict compliance with the guidelines outlined in the circular to avoid any delays or discrepancies in availing the 2-year weightage benefit.
- Follow up on the status of the application and stay updated on any further communications or requirements from the EPFO.
By following these steps and staying informed about the benefits of the 2-year weightage provision as per the circular from EPFO, eligible members can maximize their pension benefits under EPS-1995.
From India, Gurugram
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Epfo circular 070219 Pension-I_12_33 _96_Amendments_ Vol.IV_17154.pd f