EPF-Benefit of 2 Years weightage of Service to members with 20 or more years of pensionable service under Para 10(2) of Employees Pension Scheme 1995
EMPLOYEES ‘ PROVIDENT FUND ORGANISATION
(Ministry of Labour & Employment Govt. of India)
No: Pension- Pen-I/3/4/2016/MOL&E/2/2832 Dated: 08 MAY 2017
All ACCs (Zonal Offices)
All Regional P.F. Commissioner (In-Charge of Regions),
All officers-in-charge of SROs.
Sir,
Attention is drawn to Head Office letter No. Pension-I/3(4)16/7915 dated 25.07.2016 and letter No. Pension-I/3(4)16/2/15850 dated 20.05.2016 on the above cited subject. Still various communications are being received by the Head Office from pensioners relating to the grant of benefit of two years weightage. Hence,in continuation of the aforesaid letters, it is clarified as under:
Para 10(2) of EPS, 95 was amended vide G.S.R. 546 (E) dated 23.06.2009 (w.e.f. 24.07.2009). After amendment the Para 10 (2) reads as under :-
Prior to amendment para 10(2) stood as under :-
After amendment that is w.e.f. 24.07.2009 a member is eligible for benefit of 2 year weightage of service provided:
i He superannuates on attaining the age of 58 years and
ii He has rendered 20 years pensionable service or
Prior to the amendment that is upto 23.07.2009 a member is eligible for benefit of 2 years weightage of service in the following three conditions :
i Member superannuates on attaining the age of 58 years and has rendered 20 years pensionable service or more.
ii Member superannuates on attaining the age of 58 years.
iii Member has rendered 20 years pensionable service or more.
Thus, where the date of leaving service is before 24.07.2009 benefit of 2 years weightage of service will be given even if a member had opted for pension before attaining 58 years of age, as informed above.
In this regard necessary changes have been made in the application software and the war has been released to all field offices on 27.03.2017 .
In light of the above, it is requested to take necessary action to dispose off all references/grievances pending at your end.
(This issues with the approval of ACC Pension)
Yours faithfully,
(Mukesh Kumar)
Regional PF Commissioner-I (Pension)
A subsequent Apex Court ruling on the substantive issue cannot retrospectively make an act done in compliance of a binding…
Interest payment on mobilisation advance to NHAI not liable for deduction of tax at source u/s 194A - ITAT Interest…
Typographical error in turnover declared in ITR was not as a mistake apparent from the record u/s 154 when AO…
Ground taken by assessee that he was not aware of the order cannot be brushed aside so lightly in absence…
In an order rejecting stay of income tax demand there should be a recital of the merits whether it is…
CBDT has extended the due date for furnishing Return of Income for Assessment Year 2026-27 (FY 2025-26) in respect of…
View Comments
I retired on 31.08.1998 reduced pension granted on 09.05.2001 had 20 years eligible service now as per the latest circular of 08.05 2017 whether i am eligible to have 2 yrs weightage