EPFO issues Important circular on higher pension (dtd. 29/12/2022), clarifies which employees are eligible as per Supreme Court Order

Hi All,

Yesterday, there was big news all over the media regarding the payment of higher pension to eligible employees. Can someone please clarify this in simple, plain English? Who is it applicable to? Is it meant for the employees who retired before 01/09/2014? How does it affect the employers, if any?

Kindly shed some light, please.

Regards, Ravi

Talk to your company's legal representative and ask them to clarify the court ruling for you.

In order to comply with the law, you need accurate information. Failure to comply with the new regulations could cost your company dearly, so it will be much cheaper to seek legal advice and get it right the first time.