EPS 95 PENSIONERS - Pensioners retiring on /after 1.9.2014 will have 4 months time

EPS 95 PENSIONERS, who retired before1.9. 2014 without exercising the option will not be benefited. But those who are still continuing in service stand a chance after filling the joint option. Pensioners retiring on /after 1.9.2014 will have 4 months time from 4.11.2022 to exercise the option to get benefits of increased pension.

Dear Sir,

Can you please explain what exactly is the exercising of the option means?

Thanks in anticipation,

V.Raghunathan

Dear PF Experts,
I am also having a query on the issue. I have exercised an option to contribute pension fund till the age of 60 years and contributing on Rs. 15000/-. My Superannuation will be at the age of 60 on June, 24. It means I am having 18 more months before Superannuation.

Can anybody guess/clarify what benefits I can have in line with the recent judgment of Hon'ble SC.

Regards,

Dr Kamlesh Agrawal
Mumbai

In my case I retired at the age of 60 in the year 2013 and EPS deduction was done till I was of 58 years. I wasn’t aware, if exercising the option of deduction till 60 years of age existed at that time.

I am getting a small amount as pension now. What are the options, if any that are available now?

V Raghunathan

I have joined in epf servie from 01.08.2014 and may be i will contunue it till 31.07.2024 approx 10 years. how much pension i will get from pf department if i will contribute only 10 years ?

Dear all,

Now I have access to the information that I was looking for. Many of you may be aware of the yeoman service rendered by Mr. Praveen Kohli who is also playing a leading role in addressing the issues related to EPS 95.

I am sharing his contribution as attachments to this message. You may please take up from your end and also share with those for whom these will be useful. Please share these with those who retired even 27 years ago.

V.Raghunathan Chennai

Dear Mr V. Raghunathan
A joint option under clause 11(3) has to be exercised by employee and employer. This states you will contribute in excess of statutory limit and on actual salary.

Dear Mr. T S Narasimhan,

Thank you for the information.

V Raghunathan

You may watch my two videos on the link on higher Pension and how to apply for it online. The link is given below:
https://youtu.be/-9lT-QpF3ng and https://youtu.be/GwxBDVXDu4Y