Pension News: Big news for lakhs of pensioners. There is good news for the pensioners of the Employees Provident Fund Organization. This good news is about the pension of the Employees Pension Scheme coming into their account. EPFO has issued a circular saying that pensioners should get pension on the last working day of the month. This means that now those availing the facility of EPS will not have to wait for 1-2 days of the month for pension.
Now under the Employees Pension Scheme, pension will also be received like salary and will be deposited in the pensioner’s account on the last date of every month. Let us tell you that till now according to the rules of Employees Provident Fund Organization, the pension amount was deposited in the account on the first working day of the month, but now it has been changed.
Instructions for timely deposit of pension
According to media reports, the circular issued by the Employees Provident Fund Organization said that a review has been done by the Pension Division and as per the instructions of RBI, it has been decided that all field officers will submit monthly BRS to the Pension Department. can be sent ! Edge !
In the Employees Pension Scheme (EPS Pension Scheme), keep in mind that the money is deposited in the pensioners’ accounts on time. Pensioners’ pension should be deposited on or before the last working day of the month. The Employees Provident Fund Organization has said in its circular that these orders should be strictly followed. Along with this, all the offices should also send instructions to the banks under their jurisdiction to follow these guidelines.
“In view of strict compliance with the above instructions, all offices are informed that they are implementing the Employees’ Pension Scheme (EPS Pension Scheme) under their respective jurisdiction,” the Employees Provident Fund Organization said in the circular. ) are executing! “Issue necessary guidelines/instructions to pension disbursing banks! So that proper implementation of the above instructions can be ensured.
Besides, instructions have also been issued that this amount should be given to the banks 2 days before the money is transferred to the pensioner’s account in the Employees’ Provident Fund Organization, so that all the work can be done easily. Let us tell you that EPF account holders are considered eligible for this pension. Let us tell you that EPS is necessary for all those employees whose salary and DA together is Rs 15000 or less. The benefits of Employee Pension Scheme (EPS Pension Scheme) are given by EPFO.
