In light of the ongoing Covid-19 pandemic and its impact on people’s ability to complete necessary paperwork and formalities, the Employees’ Provident Fund Organisation (EPFO) has extended the deadline for opting for a higher pension by 60 days, with the new deadline set to 3 May 2022.
This welcome relief provides EPFO members who missed the previous deadline with more time to submit their applications for a higher pension. To be eligible for a higher pension, EPFO members must be eligible for monthly pensions and must have contributed to the Employees’ Pension Scheme.
By contributing more towards the scheme, EPFO subscribers can increase their monthly pension by up to 30%. It’s essential to decide whether to opt for a higher pension at the time of applying for the pension, as changes can’t be made later.
Furthermore, to make the process more convenient for its subscribers, EPFO has launched an online facility for the submission of Digital Life Certificate by Pensioners. This biometric-enabled digital certificate, known as Jeevan Pramaan Patra, serves as proof of life for pensioners.
EPFO remains committed to providing timely and efficient services to its subscribers, taking steps to ensure that availing pension benefits is a smooth and hassle-free process.
Anoop Sharma has a passion for writing on trending topics such as entertainment, Society, Customer care information, and solutions for students. His motive is to provide correct information to his readers. With a degree in Information technology and years of experience, Anoop brings a unique perspective to every story, delivering accurate and thought-provoking content. When not writing, Puchchu loves to explore new cultures and cuisines.