New Delhi, Dec 18 (PTI) Retirement fund body EPFO has actually expanded time till January 31, 2025 for companies to submit wage information and so on relating to 3.1 lakh pending applications for pension plan on greater salaries.
An on the internet center was provided by EPFO for sending applications for recognition of options/joint choices for pension plan on greater salaries, a work ministry declaration stated.
The center was for qualified pensioners or participants in conformity with the Supreme Court order on November 4, 2022. It was released on February 26, 2023 and was to continue to be offered just till May 3, 2023.
However, taking into consideration depictions of workers, the moment was encompassed June 26, 2023 in order to supply total 4 months to qualified pensioners/members for declaring applications.
A last possibility of 15 days was more offered to eliminate any kind of trouble dealt with by them.
Accordingly, the last day for entry of applications was encompassed July 11, 2023 and an overall of 17.49 lakh applications were gotten from pensioners/members till July 11, 2023.
In sight of depictions gotten from Employers & & Employers’ Associations, in which demands were made to prolong the moment for submitting the wage information, companies were provided several possibilities to send wage information and so on on the internet till September 30, 2023, once more till December 31, 2023 and after that till May 31, 2024.
In spite of many expansions, it has actually been observed that greater than 3.1 lakh applications for recognition of choices/ joint choices are still pending with companies.
Many depictions have actually been gotten from Employers & & Employers’ Associations, asking for expanding the moment better.
Therefore, the ministry stated a “final opportunity” is being offered to the companies till January 31, 2025 to guarantee that they refine and submit these pending applications.
Employers are likewise asked for to send replies/update the details by January 15, 2025, in over 4.66 lakh instances where EPFO has actually looked for added details/ explanation in regard of applications that have actually been gotten and checked out by EPFO.
