EPS-95 Benefit of Supreme court order to exempted establishments. EPFO clarification

EPS-95 Benefit of Supreme court order to exempted establishments. EPFO clarifies that receiving contribution on full salary in EPFO account a must

EMPLOYEESPROVIDENT  FUND ORGANISATION
(Ministry of Labour & Employment, Govt. of India)

No: Pension-l/12/33/EPS  Amendment/96 Vol. II/4432

Dated: 31st May, 2017

To.                                                                                
All ACCs (Zonal Offices)
All Regional P.F. Commissioner (In-Charge of Regions),
All officers-in-charge of SROs. 

Subject:- Allowing members of the EPS’ 95 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000/- or Rs. 6500/- per month from the effective date respectively as per the Hon’ble Supreme Court’s order in Civil Appeal NO(S) 10013-10014 of2016 arising out of SLP No. 33032-33033 of 2015 – reg.

Sir,

Please arrange to refer this office letter No. Pension-I/12/33/EPF/Amendtments/96/Vol-l dated 23.03.2017 on the above cited subject. Many references have been received from field offices to confirm if the aforesaid circular dated 23.03.2017 is applicable to employees of EPF exempted establishments. In  this context, it is informed as under:

(i) Approval to comply with the order of the Hon’ble Supreme Court  in the matter of Shri  R.C. Gupta and others is only in respect of the Provident Fund & Pension members whose accounts are maintained by EPFO and whose P.F. Contribution on higher wages has been received by EPFO.

(ii) All the appellant employees in the aforesaid case before the Hon’ble Supreme Court were from unexempted  establishment i.e. an establishment making P.F. contributions in the statutory Provident Fund managed by EPFO. The Employer’s contribution of 12 % under the Act in respect of the said employees was on actual salary and not on the ceiling limit of either Rs. 5,000 /- or Rs.6,500/-.

(iii) Exercise of option untler  Para 26(6) of the EPF Scheme, 1952 is a  precursor  to exercise of option under  proviso to clause 11(3) of the pension scheme. The  appellant  employees in the aforesaid case had exercised option under para 26(6) of the EPF Scheme and contribution on full salary was received in the statutory Provident Fund.

(iv) Employees’ Pension Scheme remittances are being made by the establishments and not by the exempted Trusts. As such if establishments with exempted trusts are allowed to make balance remittances on full salary to the Employees Pension scheme afresh, the same will have to be considered for unexempted establishments also. It  is not contemplated in the judgment.

(v) In the case of exempted establishment the Provident Fund and Pension Fund are managed by separate legal entities. The Provident Fund of employees of exempted  establishments are managed by Exempted Trusts and Pension Fund is managed by EPFO. As such, adjustment  of contribution from Provident Fund Account to Pension Account as contemplated  in the judgment is not possible.

The matter was placed in the 40th PEIC meeting.  As decided in the 40th meeting of the PEIC the matter will be placed  before the CBT. In the interim,  it is advised that no member of EPS, 95 whose contribution on full salary has not been received in the account of the EPFO at the respective periods of contribution, shall be eligible for the benefits contemplated  in the judgment as  per the aforesaid  Hon’ ble  Supreme Court order.

(This iss ue s  with the a pprova l of CPFC)

Yours faithfully

(Mukesh Kurmar)
Regional PF Commissioner-I (Pension)

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