Joint Declaration Form For Higher Pension
Employee’s Provident Fund Organisation (EPFO) has announced that employees to file a declaration opting for higher pensions jointly with their employers on the EPFO portal soon. If the employee opts for a higher pension under the Employees Pension Scheme (EPS) 1995 then they are required to submit the Joint Declaration Form For Higher Pension PDF.
The EPFO circular issued on February 20, says that the EPF commissioner will specify the form and method for eligible employees to submit the application. Further, an online window is yet to be provided to submit the request for a higher pension. An eligible employee has to submit documents such as an undertaking to allow the transfer of funds from the provident fund to the pension fund, proof of the employer’s share in the provident fund on higher wages exceeding the prevalent wage ceiling of Rs 5,000 or Rs 6,500 and the above mentioned joint option form.
Joint Declaration Form For Higher Pension
The last date to submit the application for a higher pension under the EPS is March 3, 2023, which is just seven days away. The Employees’ Provident Fund Organisation (EPFO) issued guidelines on eligibility for and methods of applying for a higher pension for existing employees on February 20, 2023.
Seven days, which includes one weekend, is a rather short period for eligible employees to fully understand the requirements and collect the documents required to apply for a higher pension.
You can download the Joint Declaration Form For Higher Pension PDF using the link given below.
