After the recent Supreme Court ruling, there was a huge confusion among many EPF subscribers regarding eligibility. To avoid all the confusion, recently EPFO released a circular where it is clearly mentioned the eligibility for EPS higher pension.
In this article, I am just concentrating on the eligibility for EPS higher pension rather than other things. Mainly because EPFO has to still clear many doubts and I hope that soon we will get the notification in this matter.
The notification is lengthy. However, to simplify your life, I am highlighting the important points.
Eligibility for EPS Higher Pension
Let us concentrate on the three major conditions of this notification. Let me share the notification here.
Now, let me simplify the above lines for your understanding. Do remember that all these three conditions should be fulfilled.
# As you may be aware that there are few employers who restrict their contribution only to 12% of your salary (Basic+DA) or…
