/ / EPFO can’t seek extra 1.16% of salary for higher pension: SC

EPFO can’t seek extra 1.16% of salary for higher pension: SC

Edit
In a relief to lakhs of subscribers, the Supreme Court on Friday held that the Employees’ Provident Fund Organisation (EPFO) cannot seek an additional contribution of 1.16% of the salary from those drawing over Rs 15,000 without the government amending the law and opened a four-month window for the members of the retirement savings body to exercise the option of getting pension on higher earnings.

from Times of India https://ift.tt/Vd3TUFB
https://ift.tt/TELn0KP In a relief to lakhs of subscribers, the Supreme Court on Friday held that the Employees’ Provident Fund Organisation (EPFO) cannot seek an additional contribution of 1.16% of the salary from those drawing over Rs 15,000 without the government amending the law and opened a four-month window for the members of the retirement savings body to exercise the option of getting pension on higher earnings.

About A Z

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

0 Comments :

Post a Comment

Please do not post the SPAM comment.

Subscribe to: Post Comments ( Atom )