NOTE ON HIGHER PENSION UNDER EMPLOYEES PENSION SCHEME

[ramesha M H]

NOTE ON HIGHER PENSION UNDER EMPLOYEES PENSION SCHEME   S.N. Murthy Senior Advocate,  A batch of retired employees approached the Hon’ble Supreme Court seeking for benefit of higher pension since their employer and they themselves had paid EPF contribution on actual wages which was much higher than the prescribed limit for coverage. This ultimately resulted in an order passed on 04.10.2016, wherein the Learned Judges of the Hon’ble Supreme Court held that there was no cut-off date under the proviso to para-11 (3) of the Pension Scheme as it existed then, and so, the request of the retired employees for exercising option for higher pension should not have been rejected.  With this, the retired employees who were before the Hon’ble Supreme Court got an option to seek higher pension.

For more details kindly click the below link:
https://www.mhrspl.com/hr-blog/note-on-higher-pension-under-employees-pension-scheme

S.N. Murthy
Senior Advocate, 

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Your's sincerely

MH. Ramesha, MSW, PGDELT  

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