Hello there, I have a question about the EPFO pension scheme.
If a member attains the age of 58 years and, due to some reasons, applies for a pension after 6 months of retirement, please tell me about the consequences of applying for his pension amount. Will he get the amount of 6 months that will be forfeited, or will he get that amount along with the interest?
I really appreciate any help you can provide.
From India, Nagpur
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If a member attains the age of 58 years and, due to some reasons, applies for a pension after 6 months of retirement, please tell me about the consequences of applying for his pension amount. Will he get the amount of 6 months that will be forfeited, or will he get that amount along with the interest?
I really appreciate any help you can provide.
From India, Nagpur
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The pension will never be forfeited because you have not applied within a specified time. You can apply for the pension at any time after retirement, i.e., after attaining 58 years of age. You will receive the arrears of the pension calculated from the date on which you reached 58 years of age until the date of pension disbursement, but without interest.
From India, Kannur
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4526From India, Kannur
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SC Hears EPFO Appeal on Pension Scheme (The Hindu - 03-Aug-2022).pd f