Increase in pension limit: According to the new update, the pension of government employees is going to increase soon.
Now the government is going to increase the limit of pension, after which your pension can be doubled. Hearing is currently going on in the Supreme Court on this. Please tell that after this decision of the government, no matter how low your salary is, but your pension will be calculated only on Rs 15,000.
Let us tell you that the matter of abolishing this salary limit of the Employees’ Provident Fund Organization is going on in the Supreme Court. Along with this, pension in EPFO ​​can also be calculated on the previous salary i.e. higher salary category. After this decision of EPFO, there will be a bumper increase in the pension received by the employees. With this decision, the employees will get manifold benefits of pension.
Hearing was held in August
Let us tell you that on August 12 last year, the Supreme Court had adjourned the hearing of a batch of petitions filed by Union of India and EPFO, which said that the pension of the employees cannot be limited. The hearing of these cases is going on in the court.
What is the maximum pension now?
Employed people are members of Employees’ Provident Fund Organisation, also known as members of EPS. All employees contribute 12% of their salary to EPF. Along with this, the employee gets the same amount from the company and 8.33 percent of it also goes to the Employees’ Pension Scheme. Talking about the maximum pensionable salary at this time, it is Rs 15,000.
Pension is available after the age of 58 years.
Let us tell you that any employee gets the benefit of pension after 58 years. For this, it is mandatory for the employees to work for at least 10 years. Along with this, tell that employees who contribute to EPF are also eligible for EPS.
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