Res. Sir/Ma’am, I Would like to know further about the Higher Pension option, how can we opt for this option. Thanks & Regards
From India, Indore
Acknowledge(0)
Amend(0)
From India, Indore
Acknowledge(0)Amend(0)
If you have retired from the service after 1st September 2014 or joined prior to 1st September 2014 and are still in service, and your employer is contributing to PF on your salary above Rs. 15,000 (without restricting their contribution to Rs. 1,800), then you are entitled to receive a higher pension. This can be achieved by opting for a declaration stating that both you and your employer have been contributing to PF based on higher wages and will continue to do so on a higher salary.
From India, Kannur
Acknowledge(2)Amend(0)
4519From India, Kannur
Acknowledge(2)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF Pension fund contribution beyond 58 years of age.pdf