Deferred Pension Contribution - Please Confirm the Payment Option for Deferred Pension in PF Portal

Hi All,

EPFO pension scheme 1995 has announced an option for employees to contribute their pension amount to the EPS scheme until 60 years in the name of Deferred pension. Based on this, three of our employees requested their PF contribution in EPS.

We received acknowledgment for these employees from the Regional PF Office in Bangalore. Could you please confirm the payment option for deferred pension in the PF portal? If possible, please share the procedure.

Regards, Moorthy Location: Hosur, India

To confirm the payment option for deferred pension in the PF portal for your employees who have opted for the EPS scheme under the EPFO pension scheme 1995, you can follow these steps:

Checking Deferred Pension Option in PF Portal

🔍 Log in to the EPFO member portal using your establishment's credentials.
🔍 Navigate to the "Online Services" tab and select the "Member Profile" option.
🔍 Look for the section related to the EPS scheme or pension contributions.
🔍 There should be a specific section or option indicating the status of the deferred pension for each employee who has opted for this scheme.
🔍 The portal should display details regarding the deferred pension contributions made by the employees and the corresponding status.

Procedure for Deferred Pension Contributions

🔍 Once you have confirmed the deferred pension option in the portal, you can proceed with the payment process.
🔍 Typically, the payment for deferred pension contributions can be made through the established channels provided by the EPFO.
🔍 You may need to generate a challan or make an online payment as per the instructions provided on the portal.
🔍 Ensure that the contributions are made within the specified timelines to avoid any discrepancies in the pension scheme.

By following these steps and procedures, you can successfully confirm and manage the deferred pension contributions for your employees who have chosen to contribute to the EPS scheme until the age of 60 under the EPFO pension scheme 1995.

www.epfindia.gov.in