Higher pension scheme | Supreme Court Order | EPS-95 | EPFO | Hinger pension explanation in Hindi
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The Supreme Court of India has recently given an important order for the higher pension scheme for retired employees under the Employees’ Pension Scheme, 1995 (EPS-95). This order is expected to bring relief to lakhs of retired employees who have been fighting for a better pension scheme for a long time.
The Employees’ Provident Fund Organisation (EPFO) had notified the EPS-95 in 1995 for providing pension benefits to the employees who are members of the Employees’ Provident Fund (EPF). However, the EPS-95 scheme had a clause in which the pension amount was calculated on the basis of the average salary of the employee for the last 12 months of their service. This meant that the pension amount was quite low for most of the employees since their salaries increased over the years.
The recent Supreme Court order has made the pension calculation formula more favourable for the employees. The court has directed that the pension amount be calculated on the basis of the average salary of the employee for the last 60 months of their service instead of the last 12 months. This is expected to result in a significant increase in the pension amount for many retired employees.
The EPFO has already started implementing the higher pension scheme as per the Supreme Court order. The EPFO has also launched a pension calculation tool on its official website to help the retired employees understand their entitlements under the new scheme.
The higher pension scheme is a welcome move for the retired employees who have been struggling to make ends meet with the meagre pension amounts received under the old scheme. With the new pension calculation formula, they can hope for a better life in their retirement years.
उच्च पेंशन योजना के बारे में लेटेस्ट सुप्रीम कोर्ट के निर्देशों के साथ-साथ जो भी जानकारी हो उसका जरा से जिक्र करेंगे। जब से कमाई व्यवस्था में बदलाव हुआ है, एपीएस का ठीक-ठीक से काम नहीं किया जा रहा है। लेकिन सुप्रीम कोर्ट के निर्देश के बाद से EPFO ने एक पेंशन कैलकुलेटोर भी जारी किया है जो पेंशन राशि के साथ साथ लोगों को उनकी जरूरतों के अनुसार रहते हुए पेंशन योजना के लिए उपलब्ध मूल्य की जांच करने में सहायता करेगा।
The Supreme Court order for higher pension scheme will now provide improved financial security to the employees who have worked tirelessly for the nation. The new scheme will help retirees live a comfortable and better life free from financial stress. It will be a true tribute to their tireless contribution to nation building.
तत्वज्ञान भरपुर झाले सरासरी पेन्शन बस वसवणे
योग्य
Only old pension is required, not other
sab gol maal ..nahi samaj aaya….
Will you please mention the retirement from service after snd before 1st September 2014.
If person A retired from service after attaining the superannuation age of 60 years on 31st October 2015 then this retirement age to be treated as retired after 1st September 2024.
Or
Retirement age to be treated as person A completed his 58 years of age on 31st October 2013.After completion of 58 years of age Peeson A is contribution to to EPF Stops and he will get EPF pension after completion of 58 years of age.
But person A will be in service for 2 more years with his provident fund contribution is on and he will officially retired after attaining the superannuation age of 60 years ie on 31st October 2015.
EPFO had not clarified not clarified on this matter that which year of retirement age to be considered.EPFO had confused the employees on this matter.EPFO confused employees with an complex legal interpretation very which is difficult understand.
In this case Of person A which age to be treated as retirement age.
31st October 2013(completionof 58 years ) or 31st October 2015(completion of 60 years)
Please guide me in this matter.
Will you please mention the retirement from service after snd before 1st September 2014.
If person A retired from service after attaining the superannuation age of 60 years on 31st October 2015 then this retirement age to be treated as retired after 1st September 2024.
Or
Retirement age to be treated as person A completed his 58 years of age on 31st October 2013.After completion of 58 years of age Peeson A is contribution to to EPF Stops and he will get EPF pension after completion of 58 years of age.
But person A will be in service for 2 more years with his provident fund contribution is on and he will officially retired after attaining the superannuation age of 60 years ie on 31st October 2015.
EPFO had not clarified not clarified on this matter that which year of retirement age to be considered.EPFO had confused the employees on this matter.EPFO confused employees with an complex legal interpretation very which is difficult understand.
In this case Of person A which age to be treated as retirement age.
31st October 2013(completionof 58 years ) or 31st October 2015(completion of 60 years)
Please guide me in this matter.
kya kare samjh kar milne wala to h nhi faltu bakwas karte h
Excellent explanation
Retier ho gye karmchari ko kya koe benifit milega
Meri pension 1 /9/2014se start hui kys me eligible hu higher pension ke lie
Nice explain sir
Sir I have join my co in 1985 and doing service till date please confirm what is consider my service Length for higher penson
सर
Rs 20000 पर कैसे higher pension option मिलेगा
Use to sirf Rs 15000 पर ही higher p के लिये apply kar सकते हैं
Rs 20000पर नाही न
सर पहलेभी cut off date थी
4महिने की
Dear Sir – Please be informed that I have worked in two(2) private companies where the companies are deducting money from my salary for contribution to PF and Pension fund. The first company(working for 28 years) is keeping the PF amount in an authorized trusty board and keeping pension in EPFO under EPS scheme. The second company(working for 1 year) is keeping entire amount in EPFO. I have withdrawn the entire PF amount from first company trusty board. What need to be done for getting higher pension? Thanks & Regards. Amit Kumar Sarkar,Kolkata.
आप ने बहुत अच्छे से समझाया है
Please make video on NPS
Sir vedhwah aurat ka form bhar sakte h kya…?
सर एक दहा 94 पूर्वीचे कामगारांची फॅमिली पेन्शन कापले जात त्याचे काय
Good explanation for the higher pension scheme. Thank you
महाशय जी जो सन् 2000 से पहले रिटायर हुए उन्हें कुछ नहीं दिया गया।
सांसद और विधायक से पेंसन के लिए कितना पैसा कटता है. समझा दो भाई
Tooo good sir