22,000 EPFO Members To Get Higher Pension: Check Your New Pension Amount

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As a significant relief to the employees, EPFO has observed that about 22,000 members will very soon receive higher pensions under the Employees’ Pension Scheme (EPS) in view of the recent implementation of the Supreme Court ruling, which allowed certain eligible pensioners to opt for a pension based on actual salary instead of the capped amount.  

Who Can Get The Higher Pension? 

Higher pensions will be given to  

  • Any EPFO member who retires after September 1, 2014.
  • Employees drawing higher wages who contribute to Provident Fund (PF).  
  • Members who are putting in higher contributions for a pension in the perspective of their retirement.  
  • Any and everyone who had applied for going in for a higher pension under the Hon’ble Supreme Court Directions.  

What Will One See For Pension Amount?  

The revised pension amount will look at the last drawn salary of the employee open to the duration of service. The pension amount will look at the basic salary being drawn currently without the previous ₹15,000 salary cap for pension calculation. Therefore, higher salary contributors shall be having a big jump in their pension a month.  

How To Check Your Update Pension? 

Thus to check the presently updated pension amounts:  

1.Open EPFO Portal: 

    • The official website is [www.epfindia.gov.in](https://www.epfindia.gov.in).  

    2. Login:

    • With the use of the UAN (Universal Account Number) and password provided for your own use.  

    3. Pension Tab 

    • Click either on Pensioner’s Corner or Know Your Pension Status. 

    4. Fill Other Required Details

    • Input PPO number and other required input as appropriate.  

    5. See Your Pension Update  

    • You will see the revised pension amount and the status of its payment.  

    Next Steps For The Pensioners  

    • Watch as revised pension will reflect on your bank account. 
    • Pensioners can raise a grievance in case of discrepancies on the EPFO grievance portal.  
    • Ensure that the KYC information is fully updated to avoid any payment delays.  

    Conclusion  

    This higher pension payment is a landmark gain for thousands of pensioners who opted for enhanced contributions. Surprisingly simple tools have given them the privilege to track all payments, initiating redressal on their own. Stay glued to the EPFO website for more info or updates.

    Also Read: Fitment Factor Hike: Big Salary Boost For Employees, Check The New Pay Increase

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