The Supreme Court’s Judgement on 04th Nov’22, has upheld the constitutional validity of Employee’s Pension (Amendment) Scheme, 2014, but extended the timeline by FOUR months for the members to exercise their option to avail higher rate of pension if contribution was deposited on their FULL wages prior to 01st Sep’2014. Gist of the Supreme Court’s […]
A note on recent Apex court verdict – Pension on higher salary Holistic Journey of Higher Pension Arena from 1995 to SC judgment on 04-11-22!!!
EPS Scheme was introduced on 16thNov1995. EPFO gave options to the following employees to join the same, provided they can opt within 6 months from the date of commencement of Scheme. a) Employees those who had not opted FPF Fund, 1971 b)Members who had gone out of employment during the period before 1st April 1993 […]