More than three lakh applications are still pending approval and processing, even though the deadline for certifying pension applications for higher pensions has been passed multiple times. Consequently, the deadline has been extended once more to January 31, 2025 by the Employees’ Provident Fund Organisation (EPFO). Employers now have one final opportunity to approve applications that are still waiting under the Higher EPS Pension Scheme. Employers must review the applications by this date in order to verify joint and option possibilities.
Additionally, the EPFO has instructed employers to update information and provide answers or clarifications in more than four lakh pending instances in which the EPFO has requested further information or clarifications by January 15, 2025.
Following requests from several employers’ organisations for more time to upload the necessary wage details of pensioners/members, the deadline for approving pending applications has been extended.
The deadline is being extended for the second time. In order to validate options and joint options for the Higher EPS pension, the EPFO created an online application process. The establishment took place in February 2023. The deadline for entries was May 3, 2023, which was obviously deemed to be too short. As a result, the deadline was moved to June 26, 2023, and then again to July 2023 and last year.
Using the acknowledgement number, EPF members can monitor their application data on the EPFO’s Member Sewa portal.
